As a Company Director, circumstances may arise where you find yourself in a position to offer a personal guarantee to support a line of credit. This may seem like a decision worth taking to enable your company to move forward and reach its true potential; however, this does not come without risk.
Following surprisingly good results with improved profits and improved cash flows, Law Firms may face choppier waters ahead as Government financial support is withdrawn over the coming months.
A record number of businesses are planning to close over the next year, while exporters are being pushed to the brink as they navigate the UK’s new post-Brexit trade arrangement with the EU.
Brexit will have an impact the flow of goods coming into the UK, and therefore the supply chain. Read our expert advice on reviewing and managing your supply chain from January 1st 2021.