insolvency / 1 posts found

How to Face the Threat of Business Insolvency Positively

by M Tombs
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In most cases the failure of a business is treated as a personal failure. Your ego may stand in the way of taking the necessary actions to try and resolve your financial predicament, especially when creditors are knocking on your door every day. There is light at the end of the tunnel if you take action and you may still be able to rescue your business. This article will show you 5 steps you can take starting today to help recover your business. Cease Trading As long as you are trading then creditors will assume you are bringing money in [...]