Surge in corporate insolvencies on the horizon?

Aspiring entrepreneurs take note: Britain faces a surge in corporate insolvencies as businesses' "time to pay" arrangements with HM Revenue & Customs (HMRC) begin to expire, the trade association for insolvency practitioners has claimed.

R3 says more than 200,000 companies signed up to the programme when it was introduced in last year's pre-Budget report, delaying payments totalling around £3.6 billion.

Gover... Continue Reading

Avoid common pitfalls when selling a business

Resolving any outstanding legal or environmental issues before selling a business will reassure interested parties they are making a sound investment, it has been suggested.

Associated Content's Richard Smith points out that potential buyers generally carry out background checks on businesses for sale, deeming their scepticism "only natural".

"Talk to your lawyer or other professional advisers to see what can be don... Continue Reading