Carl Faulds

Are Directors Personally Liable for Business Debts?

If you’re facing spiraling business debts you might be wondering if you, as director, could be personally liable to pay them. The answer is dependent on a few different factors which we will cover in detail below. Starting with the most important… How the Business Is Structured Matters When a business is set up, directors […]
January 28, 2020 448 Reads share

What Happens to the Director of a Liquidated Company?

When a company enters liquidation, what happens to its directors? What’s their role? Are they personally liable for debts? Is it OK for them to set up another business? In today’s article we will answer all these questions and more to explain exactly what happens to the director of a liquidated company. What Is Liquidation? […]
December 17, 2019 335 Reads share
managing working capital

How to Get on Top of Your Working Capital

Working capital is an essential business asset – one that every organization needs to keep day-to-day operations afloat. Money management, however, isn’t every business owners’ strong point. In some cases bad forward planning can lead to a detrimental shortfall in working capital funds, putting the integrity of your organization at risk. In this guide to […]
May 31, 2019 838 Reads share

Finance

Keeping Your Business Credit Score Up

Your business credit score is the magic number that will dictate the future of your borrowing – and potentially your entire company. This is an incredibly important factor for startup financing. It’s therefore crucial to understand how your score is shaped, so you can take appropriate steps to improve it – resulting in easier access […]
June 23, 2018 2,071 Reads share