Business Resilience Hub
An information hub for business owners and directors. Containing free articles and advice on issues relevant to the current economic climate. We're here to help.
Business Resilience Hub
During times of financial and operational challenges, business owners may require additional and responsive support from professionals that understand the exact needs of their business. To help business owners who are looking to access up-to-date information, we have created a Business Resilience Hub. Here, Directors and Shareholders of SMEs can access relevant articles to help build awareness, mitigate business challenges, and help their business through a crisis.
Opus Business Rescue Specialists is a division of the Opus Group that is focused on supporting business owners through any challenges that may occur, no matter the stage of the business lifecycle. As well as our articles below, you can click on the logo to visit our dedicated Business Rescue website, which provides information on common problems Directors face and typical resolutions that can be used.
Within the Opus Group, our specialist divisions are ideally positioned to help businesses navigate their way through any challenge. Our support and resources help businesses when considering how to mitigate, prepare, respond and recover; pre, mid and post crisis, helping you to remain resilient throughout.
Business Insight Articles
24 November 2022: Personal insolvency series: Personal guarantees, a concerning upward trend for UK small business owners
Business loans with a personal guarantee attached are on the rise. In our first article in our personal insolvency series, Opus Partner, Paul Mallatratt, looks at the risks of this trend for a business owner's personal assets.
Read More16 November 2022: What are the best ways for directors to deal with boardroom or shareholder disputes?
Running a business in these deeply challenging times is hard enough without conflicts among Directors or between the Board and the Shareholders. Yet unfortunately, these disagreements are all too common. Here, we outline the best approach to resolving these disputes.
Read More28 OCTOBER 2022: What will the end of the Commercial Rents Act mean for business owners?
The Commercial Rents Act 2022 was brought in by Parliament in March this year with the intention of protecting viable businesses from eviction or enforcement measures, in relation to rental arrears accrued during the pandemic. With the Commercial Rents Act now ended, what does this mean for commercial tenants with continued rent arrears?
Read More24 OCTOBER 2022: What are the pitfalls of a Director’s loan account?
A limited company is a distinct legal entity, which is governed by clear rules on how funds lent to directors must be dealt with. This is where the Director’s loan account (DLA) comes in. However, how this type of loan account functions, particularly if a company becomes insolvent, is often misunderstood. Here, we clarify DLAs and their potential pitfalls.
Read More23 SEPTEMBER 2022: What are an employee's rights if a business becomes insolvent?
When a business becomes insolvent, it is the duty of the directors to act with skill, care and diligence in safeguarding the interests of their employees. In this article, we outline the key information and process that directors need to follow in regard to their employees in the event of an insolvency.
Read More8 SEPTEMBER 2022: Should business owners invest in their business despite the economic gloom?
The UK has a woeful record of business under-investment stretching back decades. In the current climate of economic uncertainty, this trend is unlikely to change. However, with a clear strategy in place, now could be just the right moment to invest in your business.
Read More