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 →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 →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
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
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Directors close businesses for many reasons, so there has to be a range of liquidation and company closure options to suit all requirements. One form of liquidation is a member’s voluntary liquidation, which involves a declaration of solvency. In this article, we’re answering the question – what
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