This is for businesses looking for advice on turnaround.
Are you regularly spending your life taking calls from your creditors because you cannot pay them today? Have you recently had a County Court Judgement (CCJ) served on you because you haven’t paid someone? Are you regularly at the limit of your bank overdraft?
Not all turnaround work involves you going through the traumas of an insolvency process. Often you are able to be helped to avoid this by using the expertise of working with a company experienced in this to find a better solution.
Turnaround work is not easy and you may need to take some very difficult decisions – but consider the alternative of doing nothing. Is your whole business at risk? Have you given a Personal Guarantee which might risk you losing your home?