As a company director, there are many elements to think about. Occasionally, businesses may fail, and there are various reasons why this might occur, such as financial difficulties. Directors must be extremely careful when their businesses begin to struggle financially. In this blog, we’re answering the question,
Read more →So, your business is struggling, and you’re unable to pay your staff’s wages? Understandably, you’re worrying. In this blog, we’re answering the question, what can my employees claim if I liquidate my company? We’ve received a number of phone calls over the last few weeks from directors
Read more →When it comes to money in business, there are lots of phrases that are mentioned. Something you may hear about are fixed and floating charges. In this blog, we’ll be letting you know what these are. At 1st Business Rescue, we are often asked about these various
Read more →If you’re a UK-based, limited company director who is experiencing some problems with HMRC right now, this one’s for you. In this blog, we’re letting you know 4 mistakes UK directors are making with HMRC. Mistakes UK directors are making with HMRC Not putting your returns in
Read more →Company accounts can be difficult to understand, but as a director, it’s important to spend some time familiarising yourself with the various aspects. In this blog, we’re letting you know how to understand your company accounts. Company accounts are very important, and they can really help to
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When deciding whether to open your own company, there are many things to consider. One of these things is the type of company you wish to set up. In this blog, we’re letting you know the details of a limited liability company in the UK. What are
Read more →Going into liquidation can be a stressful time. In this blog, we’re letting you know 8 tips for going into liquidation for the first time. If you’re reading this blog, you’ll likely have many questions. We know because we’ve been exactly where you are, having to close
Read more →This blog is aimed at small business owners in the UK. We’ll be letting you know some hints and tips on how you can manage your cash flow better and, hopefully, not run out of money in your business. We speak to many directors who own fundamentally
Read more →Dealing with creditors can lead to a lot of stress and worry, but there are ways that you can help the situation. In this blog, we’re letting you know how to speak and negotiate with creditors when you’re struggling to pay your debts on time. If you’re
Read more →If you’re watching these videos, you’re likely a UK business owner, and your business is starting to struggle. You might be thinking about finding an insolvency practitioner because if you liquidate a company in the UK, you need an insolvency practitioner. Here are nine signs you need
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