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Guide to common mistakes that struggling businesses make

The current economic climate has made it even tougher for small and medium sized enterprises to get ahead, begin to succeed and start the process of growth and expansion. However, these troubles are not always entirely down to an unstable financial environment, but are often caused by mistakes made within a struggling business or by its management.

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Applying for a small business loan – what do I need to consider?

When the time comes to acquire a much needed injection of funds into your business, it is important to be clear on exactly what you need to be aware of.

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When should I consider turnaround management?

Despite the fact that recent figures have shown that the economy is making a gradual upturn, with GDP growing by 0.1% in Q1 according to estimates from the National Institute of Social and Economic Research (NIESR), some businesses may still be struggling to keep pace with the needs of an ever-changing market.

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How can I tell if my business needs to appoint LPA receivers?

Property is an asset that can be particularly complex to assess once a struggling business heads towards administration.

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Why are so many hotels falling into receivership?

Insolvency-related UK hotel sales are expected to reach record levels in 2013, with the decision by several banks to rapidly accelerate the deleveraging process widely accepted as the reason for this trend.

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