If you have projected cash flow or profitability problems, it is important to consider your options to overcome these issues sooner rather than later. It may be that a simple restructure of your finances will provide you with the relief you require. However, some instances may need more robust action to be taken. It is vital you understand your options today to limit the damage tomorrow.
Cash flow issues can be caused for a variety of reasons such as funding lines being restricted or the loss of a major client. Whatever the reason, lack of cash flow makes it very difficult and sometimes impossible to pay creditors, suppliers or HMRC on time. This is when cash flow problems can spiral out of control.
Overcoming your financial difficulties may involve securing a new funding line, re-financing assets or undertaking cost cutting measures. The SFP Group has a number of divisions specialising in assisting business owners overcome financial difficulties.
No matter what the reason, if you are experiencing financial difficulties the key is to seek early professional advice.
The SFP Group has been voted the best business recovery specialists in the UK by the Business Moneyfacts Awards over the past 5 years and are experts at helping you find a solution which works. Fill in our call back form or call us now on 020 7538 2222.