The current tough economic conditions mean that more and more businesses are looking for help simply to survive. As a broker, many struggling businesses will turn to you to help them out of their difficulties, for help in refinancing their business.
Often a business will come to you when they have already exhausted all other avenues of high street borrowing, creditor pressure is mounting and you have very little time to put together a structured financial strategy which could help the business to survive.
It is possible even in these circumstances to buy time with creditors to implement a turnaround strategy, through refinancing, which does not always result in a formal insolvency process.
To help you in identifying the opportunities (and pitfalls!) of these situations, PKF, one of the UK’s leading firms of accountants and business advisers, is running a workshop for NACFB members.
The workshop will cover:
• Turnaround strategies
• Understanding the various insolvency and recovery processes
• Buying a business from an Administrator or Administrative Receiver
• Phoenix businesses
• Pre packs
• Restricted use of the company name and the director’s future personal liability
Spaces are very limited and will be allocated on a first come, first served basis. To register your interest, please email [email protected]
Times: Arrival 10.30 pm; start: 11.00; lunch: 13.00.
Venue: PKF, Farringdon Place, 20 Farringdon Road, London EC1M 3AP
