Sectors

The COVID-19 pandemic has significantly impacted the restaurant industry, particularly take-away establishments. With social distancing measures, mandatory closures, and fluctuating market conditions, many takeaway restaurant owners are left grappling with financial uncertainty. In this blog post, we’ll discuss the challenges faced by takeaway restaurants and explore options for navigating these turbulent times, including when “my…

The hospitality industry, specifically bars and restaurants, has faced numerous challenges in recent years, from economic downturns to global pandemics. Navigating these obstacles can be demanding, especially when financial troubles arise. How can bar and restaurant owners make informed decisions about liquidation? What options are available to them? In this blog post, we delve into…

Running a beauty salon can be a rewarding and fulfilling venture, but the recent economic downturn has hit the industry hard, leaving many salon owners facing severe financial distress and uncertainty. In this blog post, we will navigate the complex world of beauty salon liquidation, discussing the reasons behind it, the liquidation process, and potential…

The events industry has faced unprecedented challenges in recent years, leaving many businesses struggling to survive. For some, liquidation may be the only option to navigate the complex financial landscape. In this blog post, we will explore the process of liquidating an events company, discuss alternative solutions, and examine the responsibilities of directors during this…

The pub industry is no stranger to challenges, from rising costs to a volatile market. Pub owners must navigate these hurdles while ensuring the survival and success of their businesses. Understanding liquidation options, such as Creditors’ Voluntary Liquidation (CVL) and Company Voluntary Arrangement (CVA), is crucial for pub owners facing financial difficulties. In some cases,…

Imagine a world where struggling property businesses can find alternative ways to survive, avoiding the dreaded liquidation process. In this blog post, we will provide you with valuable “property business liquidation advice,” introducing the concept of property business liquidation, its impact on assets and stakeholders, and the role of insolvency practitioners. Additionally, we’ll explore various…