Alongside the daily management of your business, from securing new orders, marketing to customers, and navigating the service delivery process with suppliers, as a company director, it’s your legal duty to prepare and file the accounting records of the business, or seek the services of an accountant …
Insolvency Articles and Interviews (tag)
Your Business is Insolvent — What Do You Do Now?
Insolvency in business can happen for several reasons, especially when there is a downturn in the economy. Poor management and fraud are also common factors. Signs that your business is losing ground can be creditors continuing to be unpaid, poor cash flow, and ongoing losses. A company becomes …
