by Mike Pavitt, Partner of Paris Smith LLP Solicitors So-called “Creditor Portals”, and other similarly titled electronic platforms by which insolvency practitioners typically circulate any meaningful information to creditors about insolvent estates, have been a bugbear of mine ever since they were first used a little while ago. Don’t get me wrong; I absolutely applaud the […]
Read moreby Giles Campbell, CEO of Red Pike Capital I’m frequently asked by shareholders of failing companies to review them for their turnaround potential, seeking the answer to a few key questions: Can it be fixed? What will it cost? Is it worth it? Assessing the company The primary objective is to develop a hands-on […]
Read moreby Simon Belton, director of BM Structured Finance There has been much said in the press over the last few months about the decline in traditional bank lending to SME’s, and the Government’s failed attempts to rectify this. To fill the void left by the Big Four banks a whole raft of new financiers have entered […]
Read moreby Giles Campbell, CEO of Red Pike Capital When the shareholders of a business are faced with a broken, loss-making business, turning around the company is a highly desirable outcome. How to do this, however, is the question. There are three commonly used approaches for shareholders to attempt company turnarounds: Financial Restructuring Advisory led […]
Read moreby Mike Driver, Director of logiCRM Ltd I’ve been contributing to a CRM Group on LinkedIn recently and one of the subjects which appears often is that CRM is not being used by sales. It’s not just that it is not being used, but in some cases, contributors put in reasons which attempt to […]
Read moreby Ceri-Jane Hackling, Managing Director of Cerub Public Relations Despite being an accepted marketing tool for decades now, PR is still misunderstood. Often confused with advertising, people don’t really understand what a PR company does and how PR will benefit their business. To put it in a nutshell, advertising is when you pay a publication […]
Read moreby Jacqui Fleming, partner of inTAX LLP H M Revenue and Customs’ (HMRC) latest tools in the fight against tax avoidance are Advanced Payment Notices (APN) and Follower Notices (FN). As a starting point it is worth remembering that the avoidance of tax through planning or mitigation arrangements is legal but tax evasion is […]
Read moreBy David Smith, Managing Partner For The B2Bax Consortium The common definition of Interim Management is the temporary provision of resources and skills. An Interim Manager can be called upon in a number of situations. A business may be in a period of transition, and requires change management skills. It may be experiencing rapid […]
Read moreby Keith Steven, KSA Group Ltd A company voluntary arrangement (“CVA”) is a powerful rescue tool designed to help companies in financial distress, yet many directors are unaware of its benefits. If a company is struggling with poor cashflow and directors are finding it difficult to keep up with tax payments, it’s likely the company […]
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