Insolvency isn’t the only option for a struggling business which could be saved with the right advice and action. If the orders are there, but the cash isn’t, a business can still have a strong future if problems are ring-fenced early to provide a firm foundation.
When cash-flow difficulties arise, it’s sometimes hard to see the road ahead. The first instinct may be to head back to the bank, however, the traditional approach can limit the range of routes available to take your business forward. A turnaround specialist is there to provide guidance.
A good turnaround specialist understands your business needs. Without bias, they will also identify a funding solution that suits you by tapping into a network of financiers.
I am the UK’s first solicitor to be dually accredited as a Certified Turnaround Professional. I have acted for hundreds of businesses needing support for a range of trading or recovery situations. I advise on not just their legal position, but I also facilitate introductions to a broad range of funders across the UK, each specialising in addressing different financial needs.
Muckle LLP has a proven track record of helping companies resolve problems and put in place strategies to overcome short term issues. We have developed strong networks to enable this by introducing the most appropriate financiers who can work with the business leaders and us to structure the right solutions.
I have spent my whole career developing a tried-and-tested network to benefit clients who may not have the time to develop their own. I have always found it useful to meet people face-to-face and have a strong presence on social networks which have proved very useful in expanding financier contacts across the UK.
If you need help with your business or general restructuring advices please contact Andrew Cawkwell on 0191 211 7957.