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A Guide to Winding up Petitions
Posted on October 18, 2012
A Winding up Petition (WUP) is a serious and very real threat from an unpaid creditor. It is likely that you have been unable to pay a creditor on time and they have lost trust in you and your business, forcing them to take action.
Economy figures spark fears of high administration numbers
Posted on September 4, 2012
Figures released by the Office for National Statistics (ONS) show that the UK economy fell by 0.5% between the months of April and June (Quarter 2). Though all may seem gloom, the good news is that the data is less than the original estimate of a 0.7% contraction published in July.
Administration Infographic – A new take on understanding how Administration works
Posted on July 19, 2012
There has been so much talk and confusion regarding administration, so we have found a simple way to explain what it means. The infographic above highlights in brief what you need to know about administration and what it really means.
7 Rules all Young Entrepreneurs Should Follow
Posted on July 11, 2012
Young entrepreneurs have never had it so tough. Reduced funding and investment opportunities combined with a lack of government assistance in a number of legislative areas mean young entrepreneurs have Olympic hurdles to jump before they even get off the starting block. Thus, it goes without saying that good advice is invaluable to young entrepreneurs, which is why we have put together this list of top tips from industry insiders that if followed, are sure to get any young firebrand off to a good start.
Plugging the Holes of Inefficiency
Posted on July 2, 2012
There are different definitions of efficiency in the schools of business, and economics, but it all boils down to this: make the most of your resources. In other words, are you getting the maximum productivity from your workers, assets and your liabilities?
Putting Your Business On A Budget
Posted on June 29, 2012
For every complex business problem there is a simple solution. Most consultants want to make the solution seem more difficult in order to charge more for their services. Here at Business Recovery we treat our clients the way they deserve. With all the costs and fees that come with running a business, who needs the extra financial burden? That is why our methods are cost-effective, and our clients keep coming back for more. We also look at the full picture, so our solutions take into consideration other aspects of your operation, so we make sure it is the right fit for you.
Don’t Be Undone By Bad Credit
Posted on June 28, 2012
When your business finally secured that much-needed bank loan you must’ve been over the moon. There was going to be steady growth, increased productivity, more revenue, better looking facility, more staff etc
Debt Advice
Posted on April 23, 2012
The next company to go into liquidation or administration is only around the corner. This does not need to happen and can be avoided by seeking debt advice.
Some UK business owners are losing the will to go on
Posted on January 25, 2012
One in three owners of a small business in the UK has lost the spark of enthusiasm that drove their start-up. A quarter of business owners are seriously thinking about giving up on their commercial ventures and going back to being employed by someone else.
