Sweet Juliet Chocolate

Business Insolvencies reach a five year peak

According to the Government’s Insolvency Service,the business insolvency total hit more than 4,000 in first three months as Brexit issues and the issues with the high street hit. The areas hit the worst were in the retail trade and the vehicle repair industry.

Insolvency experts have said uncertainty over Brexit had placed firms under intense pressure as they had to build up stocks of parts and goods. One expert,Stuart Frith,the president of the insolvency and restructuring trade body R3,said firms had “exhausted their standard toolkit for coping with reduced demand”. He added: “Further discounting won’t cut it,or is impossible,and a restructuring is the only option”

Increasing staffing costs,business rates and Brexit had taken their toll on smaller firms as uncertainty is a critical negative issue for small businesses and the self-employed.

The level of administrations in the first quarter of the year also increased to 451,up 218% from the final quarter of 2018 – this being the most recorded since the first quarter of 2014

Low trading figures over the crucial Christmas shopping period did not help,low levels of consumer confidence being blamed here. There are around 481,000 British businesses in great distress and are exposed to a real risk of becoming insolvent.

One of the best ways that businesses can avoid insolvency is to make sure that their credit management and accounting systems are good enough to retain the required level of liquidity.

Is your business possibly heading for insolvency?

One way to survive is to get a capital,but in these difficult times it can be hard to find that funding,which can mean dealing with difficult bankers. But there is another way if you trade with other businesses and are often paid late. This little known source of capital within your company is just waiting to be activated and better still you could be entitled to significant compensation

Antony Batty does all the hardwork for you.

We understand that most companies do not have the resources or knowledge to spend time on the identification and calculation of Late Payment Compensation. We can produce a report in a very short time period,most often only needing a few hours of our client’s time.

Clients do not have to do anything in this recovery process as the Antony Batty team will carry out all the communications with the companies concerned.

We do all the work,you receive the cash and if you have been paid late on a regular basis,you could be due significant sums in late payment compensation.

For more see this useful website

Know The Prerequisite Steps For Planning Applications

It takes a huge amount of knowledge and budget planning when you are want to alter or build your own house. There are many steps in the entire process and one needs to have a clear view of each one of them,as all of them is imperative..

Different countries have diverse rules and regulations and it is vital that any individual seeking to transact in the real estate business have an idea of them.

In UK people are allowed to apply for planning applications in a place even without owning the land at the times of submitting the application. This is because the law in that country states that a person is allowed to submit for the layout even before actually owning the land.

Remember,anything beyond the layout will be termed to be illegal and can be demolished by the building department.

The measurements have to be exact and precise as otherwise the authority may not be able to understand it. While one person can submit multiple forms for separate plots,but they don’t need to be sent as a bunch.

Each of the applications needs to be supplied with a site map for the correct assessment. After a planning application is allowed,further development on the plot can be made.

The documentation also shows the purpose of the plot,so the future purchaser can go on to include his own thoughts in the project.

There are many phases which need to be followed to get the required approvals from the council. The approvals of both the local and national authorities can be mandatory and in case of any clash,it has to be discussed before any issues arises.

If you are looking into submitting a planning application and want to make sure that you are doing it all the right way,do check out all the advice on line and make sure that you use a properly marked up planning map.

For more help do contact Promap.co.uk

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