The Current Business Challenge The world is experiencing the biggest Global pandemic in living memory. Many aspects of business life as we knew it have been changed, possibly forever. Most business sectors have been adversely affected by the impact of the virus. The disruption to supply chains and the significant changes to buyer needs and behaviours are causing ongoing problems
Financial help for businesses The Coronavirus crisis has created the most difficult financial climate in living memory, maybe for best part of a century. Equally, never has there been so much help and support for entrepreneurs battling to keep their businesses afloat. The government has laid a protective cloak of loans, payment deferrals and legislation over our commercial Pandemic puddle,
This pandemic is a crisis like no other in the past century and beyond. It is stressing every aspect of a company’s business model. Revenues are being slashed, profitability savaged, supply chains stretched and working capital pulled one way and another – all in a volatile and unpredictable commercial world, where official guidance and realities change almost by the moment.
The legal pitfalls to be aware of Businesses fail for all sorts of reasons, some within the control of the entrepreneur behind them, others because of a variety of external factors. Most failures will end with at least some debts unpaid and with the company going into Liquidation, possibly after an attempt has been made first to rescue it through
As we all know, most early stage tech and other high growth businesses are often reliant on equity funding, typically from institutions (such as VCs), or family offices, high net worth investors and crowd-funding platforms. These rapidly-developing businesses are generally in a perpetual state of fund-raising, as they grow towards gaining sufficient traction in the market to make them profitable
The Pandemic is disrupting every aspect of businesses, but probably none quite as fundamentally as the lives of those in the accounts department. These places are havens of routine; they keep score and churn out an orderly stream of budgets, forecasts, management information and annual accounts. They speak the universal business language: numbers. This crisis has pulled the rug of
