Issues with cashflow can often impact a business’s ability to perform beyond the balance books. With suppliers and creditors making constant demands on your resources coupled with the responsibilities of HMRC and payroll, juggling finance is often not enough to keep everyone happy.
This is where a CVA can really help companies out. This legal agreement allows you to negotiate with all your creditors and come to a mutually acceptable agreement where you consolidate all your debt into one single periodic payment. This allows you to meet your responsibilities whilst freeing up your own personal time and space to focus on running the business.
Think this could be a viable step for your company? Why not have a discussion with one of our experts at McTear Williams & Wood. Call our main number and set up an appointment to discuss a potential CVA at our Milton Keynes offices. We will give you the facts and go through all the options available to you.
Every day that your company wastes its resources managing creditors’ expectations and juggling cashflow is a day that you could use to run your business more productively. Implement a CVA today to free up your time and get back to doing what you do best.
McTear Williams & Wood is able to provide you an objective appreciation of your current financial situation and whether a CVA is a good option in a 1 to 2 hour initial consultation from our office in Milton Keynes. Find out by booking your free consultation and call McTear Williams & Wood on 0800 331 7417