Unfortunately, the past year and a half of lockdowns and social distancing means that we are seeing a lot of companies go bust. There was simply too much of a burden placed on them during this tumultuous time even though there seems to be a light at the end of the tunnel. This relief has come too late for many and they are facing a shuttering of their businesses.
It isnt easy to say goodbye to a business that you put your heart and soul into. Its even more difficult to know when the time has come to declare insolvency and move on. In this article, we will go over some of the signs that your business is insolvent and its time to close it down. If you realize that it is time then insolvency practitioners, such as the Insolvency Experts i…
Read the full article at: https://www.365retail.co.uk/how-to-know-if-your-company-is-on-the-verge-of-insolvency/
