In the current economic climate, many businesses are facing financial difficulties. In addition to the lasting effects of COVID, businesses in practically all sectors are facing a range of challenges related to the impact of Brexit, the Ukrainian war, rising energy prices, inflation, the cost-of-living crisis and supply chain disruptions. In addition to these problems,…
Tag: financial difficulties
Business Insolvency: The Options for Businesses Facing Financial Difficulties
If your business is insolvent or experiencing financial difficulties, this doesn’t necessarily mean the end. Financial difficulties can be part and parcel of running a business, so if you are concerned about your financial position, it’s important to seek advice from a licensed insolvency practitioner. Liquidation or the winding up of your company is not…