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Date: 12/11/2020
Time: 09:00 - 10:00

My business might not survive, what can I do to minimise the damage to me and my creditors? 12/11/2020

Tickets Remaining: 36

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Date: Thursday 12th November 
Time: 9am
My business might not survive, what can I do to minimise the damage to me and my creditors?
Zoom
Speakers: Steve Knowles of Knowles Warwick and Deborah Lockwood of Graywoods

The pandemic and consequent lockdown measures have hit the UK economy hard, resulting in the worst recession in history. Few industries have managed to avoid the impact, with many businesses struggling to survive, even with the available government help. 

If you’re one of them, you’re not alone.
 

In this session, Deborah Lockwood and Steve Knowles will point out the potential pitfalls and common mistakes directors often make at times of difficulty, and give you some pointers on what to do and what not to do if your business is one of the many facing an uncertain future.
 

We’ll cover the big questions you might be asking yourself, such as:
  • What do I do if a customer stops paying?
  • I’ve lost a major customer, how can I plug the cash flow hole?
  • All my creditors are chasing payment – who should I pay first?
  • I’m busier than ever, how do I balance my turnover and cash flow?
  • My competitors are struggling, is now a good time to acquire a business or buy equipment?
  • I’ve received a winding up petition, what do I do next?
  • I’m tempted to ignore the problems and hope they go away – what do you recommend doing instead?
Join us for a discussion on the major issues that may be effecting your business right now, and get answers to your questions from the experts at Graywoods Insolvency Practitioners and our South Yorkshire accountancy partner, Knowles Warwick Chartered Accountants.



My business might not survive, what can I do to minimise the damage to me and my creditors?

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