Corporate News Stories
Brabners Chaffe Street`s Guide for Struggling Companies
12/05/2009Brabners Chaffe Street LLP is helping local businesses secure their survival with free advice from its multi-practice Insolvency and Restructuring team.
With corporate insolvencies in the North West soaring by 22% in the past quarter[1], company directors of struggling businesses are under pressure to take immediate steps to ensure they remain as operationally fit as possible. Brabners Chaffe Street is offering a free 90 minutes consultancy session with its Insolvency and Restructuring team and has also launched a new guide, Seven Steps to Surviving the Slowdown, which outlines the key areas for companies to consider to get in good financial shape.
The Guide, a free download from Brabners` website, outlines a tactical plan of action for company owners, including undertaking capacity planning to identify cost saving opportunities, renegotiation of property leases and supplier contracts, financial relief options such as the Business Payments Support Service and business restructuring strategies.
Brabners` Insolvency and Restructuring team draws on experience from across the firm`s departments including corporate and corporate finance, employment, property, litigation and debt recovery, rather than a generalist insolvency lawyer - enabling clients to get best of breed advice from sector experts.
"Streamlining businesses for these tough times is nothing new, however it`s clear that many companies are still facing the threat of insolvency, when there are measures that can be taken to reduce this risk" said Adam Ryan, an Associate at Brabners Chaffe Street. "Many company directors may not only be revising their budget plans for the next year, but also having to face the fact that they risk not surviving the 12 months without professional guidance."
"Our Insolvency and Restructuring team is designed to give clients in-depth advice from leading experts in their field, rather than a generalist one-size-fits-all approach to insolvency procedures," Adam continued. "Our clients come to us because they know they`ll get solid, commercial advice and practical support from trusted advisors."
To download a copy of Seven Steps to Survive the Slowdown click on the link below,
Seven Steps to Survive the Slowdown
For further information contact Adam Ryan at Brabners Chaffe Street on 0151 600 3113
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