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Frosty Start To 2021

A Frosty Start To 2021?

Based on recent conversations with Company Directors and Individuals. There is is a high level of concern about business and personal finances.
The impact of National and Regional Lockdowns over recent months and the impact of stop-start closures in many sectors. Is making financial forecasting and planning more or less impossible.
A temporary ban on winding-up petitions, extending the furlough scheme and CBILS until the end of March. Along with further government grants being made available gives some relief. This however isn’t going to save all businesses that are currently on life support. As a business community we also have to be realistic and understand that the government are going to withdraw this support sooner or later.
If you are a Company Director or Individual who is concerned about business of personal finances. Seek advice sooner rather than later. The earlier you obtain professional advice the more options you have to resolve your financial problems.
For further information call Orchard Debt Solutions today on 01257 543013

Directors Redundancy Payments

Despite Government support via grants, CBILS and Business Bounce Back Loans it’s still very difficult for Company Directors to project cash flow. Although some businesses are thriving at the moment many Company Directors are worried and unsure about the future of their business, especially in the building and construction sector.

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