Credit risk disciplines The Coronavirus crisis has not so much moved the goal posts for credit management professionals as relocated the game to another stadium and changed half the rules. Nothing is what it was, so while the old basic credit risk disciplines remain vital, there is a whole new range of techniques that must be applied. In this mini-series
The Company Voluntary Arrangement (CVA) has long been a useful weapon in the armoury of business rescue experts, with an infinite flexibility designed to allow solutions to be designed to fit the unique situation of every business with temporary or longer-term issues. Not all CVAs succeed, of course, and there has been concern in recent years about its use to
It is common practice for director/shareholders of owner-managed businesses to take remuneration by way of a low basic salary paid through PAYE, with the remainder being taken as shareholder dividends. This is because dividends typically attract a lower rate of tax (both for the individual and the company) than would be payable as an employee. Yet, although this is common
2022 will be a year of renewed optimism for many business owners as they hope to put the pandemic well and truly behind them and plan for a more positive future and ways to grow their businesses following the impact of covid. Raising finance will undoubtedly be at the top of most agendas with asset-based lending viewed as one of the
We start the year off with a few helpful hints to ensure your business is in the best shape for whatever 2022 throws at the commercial world. Omicron might turn out to have been over-egged, but there could also be more troublesome variants down the track. Supply chains may or may not return to normal and high inflation may turn
Consumer price inflation hit 4.2% in October, its highest level for a decade, and will go higher as we head in 2022. For pandemic-pressed businesses, the inflation reality is far worse. Their input costs are soaring by unprecedented double-digit figures, while labour rates are rapidly being pushed higher by shortages right across the UK economy. The question for businesses is
