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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.
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.
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.
Uniting Expertise and Empowering Growth: A recap and opportunity to catch up on BABR’s unmissable CPD event.
BABR Joins Forces with Palantir Financial Planning to Elevate Accountants and Financial Advisors Welcome to our blog, where we’re thrilled to recount the exciting and
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 who opt for Members’ Voluntary Liquidation may be eligible to pay less tax through Business Asset Disposal Relief (BADR).