Post Covid-19 Business Review
Now that the world is moving on, your business needs to ensure it is financially viable. Here at HBG Advisory,
we are equipped to offer a FIXED PRICE review to either give you as an owner-managed business security of moving forward or
Planning to restructure your business by a liquidation and starting afresh debt-free.
SOLVENCY – MOVING FORWARD
We will carry out important tests, offering a simple report for ease of understanding, showing the viability and solvency of your business. The time period gap of the pandemic has had a severe impact on many types of business in the UK.
The report gives assurance for viability, and if further borrowing or cash injection is required, it will allow the owner-managed business owner to risk assess their exposure moving forward. Further, the report acts as a sign that business owners have control over their company when requesting funds from financial institutions.
INSOLVENCY – MOVING FORWARD
If the business post-pandemic has suffered financially and has a diminished market. Consideration is required for its ongoing viability if straddled with debt. If this is the case, considerations need to be given whether the business should be liquidated and a new Phoenix company formed. This will then allow fresh working to be invested in giving owner-managers security moving forward.
Of the business has been financially affected, as detailed with the shrinking market, then perhaps the ultimate decision may be to close the business for good via a liquidation process.
For further help, contact HBG Advisory on 0800 612 5448 between 8 am and 9 pm seven days a week.
YOUR FUTURE IS IN YOUR HANDS – POST PANDEMIC