Tag · 3 stories
#Business Insolvency
Advice ◆
What to do if you fall victim to phoenixing
It’s not that unusual to be owed money by another business. But if that company no longer has any money to pay you, or anyone else, back, what can you do? Follow this expert advice to recoup debts owed to you.
Rhiannon Sawyer · 2 min
Cashflow ◆
Back to basics: Small business insolvency
Even profitable businesses go bust as a result of cashflow issues, tax debts or other unexpected circumstances – making it vital business owners know the basics of corporate insolvency, so they can protect themselves should anything go wrong.
Steven Kugel · 2 min
Cashflow ◆
Business insolvencies spike, as creditors get aggressive
There’s been a strong rise in the number of businesses entering external administration (EXAD) for the three months to September, as poor sales and increased creditor activity takes its toll.
Lorna Brett · 2 min