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Friday, 6 May 2011

Cashflow problems for Recruitment

The Recruiter have published an article that Keith Steven wrote on the difficulties facing recruitment companies and how best to deal with them.  Read the main article titled Serious cashflow problems?

Despite a whole raft of issues such as falling sales, legacy debts, delayed payments, and general market conditions there are a range of solutions to help.  These might include organizing a time to pay deal, a CVA, administration, or in more difficult circumstances a liquidation.  All of these processes can help your business and in all cases the risk of personal liability is reduced.

The most important thing to do is ACT.

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Many thanks for your comments. If you have a private business problem and you want advice give us a call on 0800 9700 539 or email me at keiths@companyrescue.co.uk. If you are a professional advisor with a troubled client, please suggest they visit www.companyrescue.co.uk or contact me as above.

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