As we approach the first anniversary of the start of the Coronavirus crisis, few businesses have been left unmarked by the most extraordinary twelve months in living commercial memory. The degree to which they have been affected is determined by the industry in which they operate and their positioning within that sector. For most owners and managers, it has been
After its recent office openings in Bristol, Leeds and Newcastle, the Opus Business Advisory Group has now added another major location, Nottingham, to expand its ability to provide advisory services to businesses and individuals, right across the United Kingdom. The Group provides restructuring & insolvency, corporate finance, forensic and other allied specialties from each office, within its UK network. The
Government extends support to stop business evictions This has been the year when far too many commercial chickens have come home to roost as Covid has torn through the economy, laying waste to long-established business models and bringing even some of the strongest enterprises to their financial knees. Few industries have seen a greater reckoning than commercial property, except of
This has been the year when far too many commercial chickens have come home to roost as Covid has torn through the economy, laying waste to long-established business models and bringing even some of the strongest enterprises to their financial knees. Few industries have seen a greater reckoning than commercial property, except of course their shattered tenants in the leisure,
Opus Business Advisory Group has taken another significant step as it grows its ability to offer business advisory services to businesses throughout the United Kingdom. The group provides restructuring & insolvency, corporate finance, forensic and other allied specialties from each office within its UK office network. The Group has recruited Mark Ranson, a restructuring & insolvency specialist, to open the
A Company Voluntary Arrangement (CVA) is essentially a deal with unsecured creditors to pay a percentage (or all) of sums owing. There are also similar Voluntary Arrangements for both partnerships and individuals. Current Climate Due to Covid-19 there are likely to be many entities that are unable to pay their debts as a result of falling asset values (such as
