When it Gets Tough
Keeping you in business
If your company is in financial difficulties, getting the right advice as soon as possible could mean the difference between staying in business and an uncertain future.
At Harris Lipman, we have a team of experienced turn-around professionals who could help get your business back on track. If your core business is viable, then our team can assist in a variety of planning and negotiating tactics to get you solvent again. The process includes:
- Assisting you in taking control
- Working with you to develop a strategic business plan
- Helping you to reach an agreement with your creditors, without the need for a formal insolvency process
- Introducing you to providers of alternative sources of finance
- Supporting and training existing management.
Our aim is to quickly create a secure financial environment, stabilise the trading operation, and create a safe, steady platform from which your business can develop.
The longer you allow a financial problem to continue, the fewer options you may eventually have, so it’s essential to get good advice if your business is struggling. In the case of a sole trader or partnership, personal assets such as your home or belongings could be at risk, so the intervention of a suitable professional is essential to advise and negotiate with creditors.
If you would like to talk to us about helping your company through a difficult period, please email mail@harris-lipman.co.uk or call (020) 8446 9000.
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