Debt

Tech Solutions had been trading for over 20 years, but due to ill health, John the owner of the business was unable to work for 6 months. Customers took advantage of John’s absence and stopped paying their invoices on time, this had a detrimental impact on cash flow. Unpaid debts began to mount up and

As a business owner accepting that your business is in difficulty and knowing how to deal with it are often the hardest things you will ever have to deal with.  The stress of the situation and worry about what the future will bring often lead us into inactivity until it is too late. The reality