Articles 4 of 6

Problems with Dividend Payments for Directors

As a business advisor and trouble-shooter to small medium and large companies for over 36 years the most frequently quoted troublesome issue for directors is the subject of dividends. How do I take dividends? Should I be taking dividends? What…

What are Employee Rights When a Company is Insolvent?

If an employer enters into insolvency then it is understandably an extremely anxious and worrying time for the employees. Thankfully, there are special arrangements for employees who are dismissed as a result of the insolvency of their employer. The National…

Can you Sell Your Insolvent Company?

Anyone looking to buy a failing company will have to tread carefully. The fact that a business has entered into administration or liquidation means there are severe financial problems that need to be resolved. There might be pressure from creditors…

How Much Do You Know About Your Debtors?

In previous posts we have discussed the growing problem of late payments and the knock-on effect on cash-flow management in small and medium-sized enterprises. With the value of unpaid invoices in the UK currently in excess of £40bn, what, if…