Going into administration can be a daunting experience for any business owner, but it doesn’t mean the end. At BABR, we understand the immense responsibility

While the debt recovery process can be stressful, maintaining positive customer relationships is crucial, even in the face of financial strain. In this blog, we will explore the importance of treating customers with respect, providing professional and empathetic communication, and implementing effective strategies to safeguard your business’s reputation during debt recovery.

As we kick off a new year, the vision of economic uncertainty looms large over the United Kingdom. PricewaterhouseCoopers (PwC) has sounded a sober note, predicting that nearly 30,000 businesses will enter a formal insolvency procedure in 2024, marking the highest level since 2004. This alarming revelation, coupled with insights into the sectors most vulnerable, paints a challenging landscape for UK businesses.

Businesses operating whilst insolvent is not unusual, but great care should be taken.Our experienced team at BABR can help to provide guidance to directors along the way to make sure they avoid potential pitfalls and mitigate any risk of them later being held personally liable for liabilities or losses incurred by the company.

Every director knows that keeping a business afloat is no easy task. Economic uncertainties, market fluctuations, and unexpected challenges can threaten a company’s financial stability. To avoid insolvency, it’s crucial for directors to implement effective strategies. In this blog, we will explore five essential ways you, as a director, can protect your business.

The rapid evolution of AI is transforming how we live and work, and businesses across the globe are eager to harness its potential while also considering the ethical and responsible use of this technology. See how we’re utilising AI at BABR.

Gain invaluable insights into the legal steps of debt recovery in the UK. From pre-legal actions like Letter Before Action and Statutory Demand to legal enforcement through County Court Judgements.

Discover effective debt recovery strategies to protect your business assets and maintain financial stability. Learn preventative measures, communication tactics, negotiations techniques, and legal options for recovering unpaid invoices and overdue payments.

Explore the critical factors accountants must consider when assessing a client’s potential insolvency. From cash flow management to debt analysis and legal compliance, discover how proactive strategies can help clients avoid financial distress and navigate the insolvency process effectively.

‘Zombie’ companies are being buried under a debt mountain as the cost of refinancing business loans becomes prohibitively expensive. British businesses of all kinds are

The collapse of big businesses like Wilko seize the spotlight but it’s small to medium businesses most at risk of insolvency and going into administration.

A checklist for CEOs, directors, and business owners concerned their company may be in financial trouble.

A checklist for CEOs, directors, and business owners concerned their company may be in financial trouble.

Like many businesses, we faced a turning point during the pandemic. Seeing an opportunity, we made the decision to transition our team to a fully flexible, remote work model.

At BABR we’re delighted to announce the expansion and strengthening of our insolvency practice, across the whole of the UK, but with a particular focus on the South-West of England.

Business owners and directors can get quick access to the best business property loans and commercial finance deals through BABR’s extensive network.

The World Bank warns of a lost decade for global economic growth as UK business insolvencies continue to climb.