To the blog for small and medium sized business (SME) owners.

Monday, December 10, 2007

Plan your Business Exit

Avoid being one of the troubled businesses that are predicted to fail in 2008.

The UK's leading accounting practices are expecting a significant increase in insolvency work in 2008. Fears exist that the credit crisis will cause many businesses to go bust with insolvencies expected to rise by 10%.

The head of KPMG restructuring advisory, stated ‘Companies have been kept alive artificially, but now they’ll be caught up.’

Read the report here.

Take steps now to avoid your business failing. Take control of your business, plan and most importantly manage the cash.

No comments: