In this blog, Karl Hodson of UK Business Finance shines the light on what warning signs to watch out for which will indicate if your company is at risk of becoming insolvent.
As a business owner, it’s your responsibility to track the financial health of your business as this will shape how you run your business, set budgets, spend money, and set long-term targets. If your company is cash deficient, the problems can quickly snowball which could lead company operations to grind to a halt and consequently leave behind a trail of debtors and unsatisfied stakeholders.
Click here to read the blog in full.