Quick and decisive action can turn negatives into positives
In these difficult times, the difference between a business surviving or closing down can rest on taking quick and decisive action at an early stage. Action taken early enough can help prevent problems escalating to the point of no return.
Over the past ten years Cranfield has worked closely with other professionals (accountants, solicitors, financial institutions and banks) to help identify at what stage their clients can avert a crisis, and the steps they need to take. This is vital and it is where we at Cranfield can play a pivotal role in helping to turn things around for struggling businesses.
We review financial positions and offer hands on assistance to implement a recovery plan before things spiral out of control. We can also assist with fundraising or refinancing and have access to a number of business angels with funds to invest in businesses with long-term viability.
Early action is the key, but sadly many businesses will still put off taking decisive measures until it is too late. If this is the case, the experience of closing a business needn’t be all negative. We have helped countless companies through the various processes of insolvency across all industry sectors in the region. Our expertise, professionalism and approachability means that we can guide business owners through what is a very difficult time for them, but which achieves the best possible outcomes under any given circumstances.
We are Coventry’s leading firm of business recovery and insolvency practitioners and for ten years have been working with businesses throughout Coventry and Warwickshire. We are often the first point of referral for professional services companies. If you have a client who is showing the early signs of company distress, whether this is through a lack of cashflow, contract losses, or inadequate management systems, then please refer them to us. We will offer them a ‘no obligation’ initial meeting to discuss their current situation, and provide them with professional and impartial advice on their next steps.
Call us on 024 7655 3700 for further information.
