Business Recovery Archives

Navigating Corporate Resilience: Unveiling the Key Steps of a Turnaround Strategy

Leave a Comment / Business Recovery / By Viv1

For companies grappling with financial distress, navigating from crisis to stability needs more than just a casual approach. It demands a diligent roadmap and unwavering determination. For companies facing financial difficulties, a well-crafted turnaround strategy can be a guiding light, leading struggling businesses through turbulent waters towards a brighter horizon. This strategy isn’t merely a …

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Case Studies: Success Stories with Entrepreneurs Relief

Leave a Comment / Business Recovery / By Viv1

In the complex field of insolvency and business restructuring, there are rays of hope, particularly in the context of Business Asset Disposal Relief (BADR), previously known as Entrepreneurs’ Relief. This blog looks at the success stories of UK businesses that have effectively leveraged BADR, showcasing how this relief can be a pivotal tool in liquidation …

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How to Make Informed Decisions with the Bounce Back Loan Calculator and the UK Government’s Pay as You Grow Options

Leave a Comment / Business Recovery / By Viv1

The Bounce Back Loan (BBL) scheme was a government-backed loan scheme introduced in 2020 to help small businesses in the UK during the turmoil of the COVID pandemic. In addition to the standard Bounce Back Loan terms, the UK government also introduced the Pay as You Grow (PAYG) options in September 2020. These options give …

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Policies for the Management of Household Debts in the UK

Leave a Comment / Business Recovery / By Viv1

It’s been a tough few years for people in the UK. The pandemic meant that income was reduced, and households struggled as a result. Now, thanks to several different reasons, energy prices are increasing and the cost of living is also rising. As such, it is hardly a surprise that it’s becoming harder and harder …

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What is a Business Continuity Plan and How Does it Work?

Leave a Comment / Business Recovery / By Viv1

There are many potential issues that could face different businesses. A lot of businesses are able to adapt to these issues themselves, but then there are other occasions where more needs to be done to ensure an organisation will move forward in the right way. One of the most efficient ways that this can be …

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Simple Liquidation: Success Stories on Business Recovery from Looming Failure

Leave a Comment / Business Recovery / By Viv1

Over the years, large corporations, often well-known internationally, have become insolvent for various reasons. Whilst some of them have famously closed down, and long since been forgotten, there are also many that managed to recover from the brink of failure. The success stories can sometimes be hailed as the vision of leadership – would Apple …

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Bounce Back Loan Calculator: How to Calculate Accurately

Leave a Comment / Business Recovery / By Viv1

The Chancellor, Rishi Sunak, announced a series of financial measures in 2020 to help businesses through the coronavirus pandemic. One of those initiatives was the Bounce Back Loan which was launched in April 2020. It allowed small and medium-sized businesses to borrow up to £50,000, depending on turnover, at a very low-interest rate. As well …

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Best Business Debt Recovery Service in the United Kingdom

Leave a Comment / Business Recovery / By Viv1

Just about every business in the UK will, at some point, struggle with cash flow or debts; in fact, many large corporations manage an ongoing debt. However, it becomes an insolvency situation when that debt gets out of control and increases to the stage where incoming revenue is just not enough to cover outgoings. The …

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Business Continuity and Disaster Recovery in Financial Services

Leave a Comment / Business Recovery / By Viv1

A couple of months ago, on 31st March, the financial sector in the UK had to abide by new operational resiliency regulations and guidance. Designed by the FCA (Financial Conduct Authority) and in partnership with the PRA (Prudential Regulation Authority) as well as the BoE (Bank of England), the aim is to improve and strengthen …

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How to Close a Company with HMRC Debts in the United Kingdom

Leave a Comment / Business Recovery / By Viv1

Struggling with company debt can be challenging; many directors find that the turning point into official insolvency is being unable to pay HMRC their tax obligations. In these situations, the company enters an insolvency procedure. Which procedure depends on whether HMRC applies via the courts for compulsory liquidation or the company’s directors opt for a …

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Business Recovery

Navigating Corporate Resilience: Unveiling the Key Steps of a Turnaround Strategy

Case Studies: Success Stories with Entrepreneurs Relief

How to Make Informed Decisions with the Bounce Back Loan Calculator and the UK Government’s Pay as You Grow Options

Policies for the Management of Household Debts in the UK

What is a Business Continuity Plan and How Does it Work?

Simple Liquidation: Success Stories on Business Recovery from Looming Failure

Bounce Back Loan Calculator: How to Calculate Accurately

Best Business Debt Recovery Service in the United Kingdom

Business Continuity and Disaster Recovery in Financial Services

How to Close a Company with HMRC Debts in the United Kingdom

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