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Business failures can often be prevented if action is taken by a business owner at the correct time. Bad debts, reduced demand and excessive borrowing can all hinder a business and contribute to its failure.
If your business is showing signs of difficulty, then it is advisable to seek expert help. Timely advice and support may help to save a business in financial trouble, and could help you to pull the company away from liquidation or receivership.
Connected Accounting can help you to identify the cause of your business’s problems, and can recommend measures to help improve cashflow and profitability.
In specific cases, we may be able to arrange a corporate or individual voluntary arrangement, which may help your business get back on the road to success.
Please contact us if you require help from our team of experts.
10 Aug 2020
Lenders have approved an average of 87,000 Bounce Back loans every week since the scheme was launched on 4 May, according to the latest figures from the Treasury.
28 Jul 2020
Taking a look at the extension of Making Tax Digital to other taxes.