The BCR Insolvency Blog

Business Insolvency Advice All Struggling Companies Must Know

Posted by Chris Knott on 31-May-2017 16:10:00

If your business is experiencing difficulty, insolvency may seem like the only way out. However, this doesn’t necessarily need to be the case. Not only are there many signs of business struggle that can be turned around well before insolvency occurs, but by reacting quickly, you can mitigate the damage to your business.

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Topics: Insolvency Practitioner

Reasons Your Business Is Struggling To Survive, And How To Stay Afloat

Posted by Chris Knott on 24-May-2017 16:30:00

 

Recent stats have revealed that many new businesses will have failed before five years have passed. Several things can cause failure, but before that even occurs, a business is likely to have experienced some sort of struggle. Is your business experiencing the following signs? If so, there’s help available.

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Topics: Insolvency Practitioner

What Is An Insolvency Practitioner & How Can They Help Failing Businesses?

Posted by Chris Knott on 29-Mar-2017 12:30:00


A business that’s in financial trouble may be unable to pay its bills or its employees. These situations can lead to insolvency. When a business reaches this point, calling an Insolvency Practitioner (IP) is usually the next step. These professionals are licensed and have the authority to handle insolvency matters.

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Topics: Insolvency Practitioner

How Insolvency Practitioners Can Help To Save Your Business

Posted by Chris Knott on 10-Mar-2017 11:40:00


Insolvency practitioners are thought to show up at the worst time in a business’s life; when it has become unable to pay its creditors. However, in reality, insolvency practitioners are responsible for saving many businesses.

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Topics: Insolvency Practitioner

How To Find An Insolvency Practitioner That's Right For Your Business

Posted by Chris Knott on 09-Mar-2017 16:20:00

Insolvency can be a stressful and complicated process that requires professional assistance. But how do you ensure that you choose the right insolvency practitioner? The first step is recognising that an issue exists.

Difficulty in paying your bills on time is a sign of insolvency. The best thing you can do for your business is to take action as soon as possible in order to mitigate any damage. An insolvency practitioner is someone who can help you, but you must first find one that’s right for your business.

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Topics: Insolvency Practitioner

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