Business rescue and insolvency options ... Rule of six

Trade on and out

  • Prevention is better than cure
  • Most businesses have to juggle cash flow ...
  • Decline is often ... slow ... slow ... rapid!
  • Cut costs early and hard
  • Be realistic with 12 month integrated financial forecasts and 12 week rolling cashflow
  • Introduce last chance director/shareholder funding safely
  • Record the reasons for key decisions and follow professional advice

... helping FSB members through difficult times ..

McTear Williams & Wood Brochure