Exchange rate fluctuations can make a nonsense of even the best or the most carefully planned piece of business, whether it is an overseas sale or procurement decision. Income flows from foreign subsidiaries or joint ventures can also be affected, or the carrying value of those investments. Transaction Exposure The most common and simplest type of foreign exchange risk is
Continuing its commitment to businesses in the North West of England Opus Business Advisory Group’s continues its commitment to supporting business with local expertise, opening a new office in Preston, Lancashire. Insolvency Practitioner, Ian McCulloch joins Opus Restructuring & Insolvency to lead this dedicated office. A corporate insolvency professional specialising in SME liquidations and administrations, Ian has over 17 years’
Despite the success of the vaccination programme and the hope of normality it promises to the public, there are still many more months of disruption, uncertainty and tough financial times ahead for the travel industry. Even after that, the new normal will likely be very different to the world we knew before Coronavirus. In such times, calm business leadership is
Opus Business Advisory Group is pleased to announce it has become an ABTA Partner with ABTA travel association. ABTA has been a trusted travel brand for 70 years, offering advice and guidance to the travelling public, as well as leading the travel industry in supporting high service standards and promoting responsible tourism at home and abroad. The travel industry has arguably been the
The concept of limited liability is not new. English law granted this status to monastic communities and trade guilds as early as the 15th century and the protection was extended more generally by the Limited Liability Act of 1855, despite fears expressed at the time that it would lower standards of commercial behaviour. Over the past hundred years, the idea
If your business has been disrupted by the Covid-19 pandemic, you’ll be all too aware of the concerns surrounding business interruption insurance claims, the policies and what they cover. With the Supreme Court decision in favour of the Financial Conduct Authority, this has opened the door for many businesses to make insurance claims for the losses suffered. So, if you
