Now that the world is moving on, your business needs to ensure it is financially viable moving forward. Here at HBG Advisory,
we are equipped to offer a FIXED PRICE review to either give you as an owner-managed business surety of moving forward or
planning to restructure your business by a Liquidation and starting afresh debt-free.
SOLVENCY – MOVING FORWARD
We will carry out important tests offering a simple report for ease of understanding showing the overall viability and solvency of your business. The time period gap of the pandemic has had a severe impact on many types of business in the UK.
The report gives surety for viability and if further borrowing or cash injection is required, will allow the owner-managed business owner to risk assess their exposure moving forward. Further, the report acts as a sign that the business owners have control of their company when requesting funds from financial institutions.
INSOLVENCY – MOVING FORWARD
In the event that the business post-pandemic has suffered financially and has a diminished market. Consideration is required as to it’s ongoing viability if straddled with debt. If this is the case, considerations need to be given as to whether the business should be liquidated and anew phoenix company formed. This will then allow fresh working to be invested in giving owner-managers security moving forward.
Of the business has been affected financially as detailed together with the shrinking market then perhaps the ultimate decision may be to close the business for good via a liquidation process.
For further help contact, HBG Advisory on 0800 612 5448 between 8 am and 9 pm seven days a week.
YOUR FUTURE IS IN YOUR HANDS – POST PANDEMIC