Not just for accountants themselves, but more for an accountant’s clients. Many businesses are nursing a debt ledger which is hurting their business. They are in effect being used as a free bank for non paying customers, usually at the cost of running a higher than normal overdraft facility, which is not a free banking service. Therefore, the net outcome is an unnecessary additional overhead for the business. If you are unsure of where to direct your client for debt recovery services, we would be happy to discuss how we can assist them. It costs nothing to have a chat, and see if we can free up some or all of their debt ledger.

When a director asks an Insolvency Practitioner or advisor what they can do about a personal guarantee, they may not have an answer for them that they want to hear. Why not direct them to Anvil Business Advisory? We will review the personal guarantee and challenge it where appropriate, discuss the director’s circumstances with them so that negotiations take all aspects into consideration. We have a proven track record of negotiating better than expected settlements.

If your company is facing financial distress or operational challenges, call us for a free consultation. Our experienced professionals will work with you to identify the areas requiring change, and assist in developing a restructuring plan. Whether it is finance, overhead or operational changes that are required to restore profitability, we are in your corner to help you get through and emerge stronger.