Liquidation vs bankruptcy: what’s the difference? At 1st Business Rescue, we understand that insolvency can be challenging to understand. There are many elements to think about during an already stressful time. In this blog, we’re answering the question, what’s the difference between liquidation vs bankruptcy? Many directors
Read more →Stop putting it off If your company is struggling or you’re not sure what the future holds for your business then this one’s for you. A lot of the time, directors in this situation choose not to do anything, but we’re telling you to assess your situation
Read more →As soon as your company becomes insolvent or maybe in the future you must be aware that your responsibilities change as a director. You’re no longer working on behalf of your shareholder and your duties now lie with the creditors of your company. It’s critical that you
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