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Reasons to Review your Business.

on Thursday, 31 May 2018. Posted in EKF News

Reasons to Review your Business.

The need to review your business is on going.  Here are some pointers to think about.  Your questions can be answered by talking to your account, or if you feel necessary, an Insolvency Practitioner.  Whilst we cannot provide you with all the answers, perhaps someone looking with a fresh perspective will help you re-focus and re-energise your business.

10 symptoms of the need to review your business:-

  1. Costs are rising
  2. Lack of orders
  3. Changes in revenue stream
  4. Accounts are in arrears
  5. Creditors are calling – including HMRC
  6. Bank manager is calling
  7. Debtors are not paying (and you are not chasing)
  8. Your major client is more than 60% of your business
  9. You are afraid to answer the phone and open letters
  10. Legal documents have been served

Even Keel Financial Ltd. is authorised and regulated by the Financial Conduct Authority Firm Reg No 718204
Dorothy Brown is a Licensed Insolvency Practitioner authorised by the Institute of Chartered Accountants of England and Wales