Small Business Cash Flow Management – Top Tips
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...
The Types of Insolvency – Comparing Financial Restructuring Options
Restructuring is the process of drastically changing a company’s operations, usually to manage debt or insolvency. If your company is experiencing financial difficulties, restructuring can help you cut costs, negotiate with creditors and avoid liquidation....
Examples of Successful Company Restructuring
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...
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