Company directors have a duty to act honestly and in the best interest of the business. One of the most important parts of this duty is maintaining an understanding of the company’s financial position. Directors are responsible for dozens of tasks. It’s easy to let...
Restructuring is one of the options available to companies that are experiencing financial distress. During the restructuring process, the company reduces waste and sells assets to pay off as much of its debt as possible. This can save the company from liquidation and...
There are plenty of legitimate reasons to wind up your business. If the company has been sold, reached the end of its life, or if your priorities have changed, it may be time to deregister the company and streamline your responsibilities. There are several options...
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