New business owners are often told to operate their enterprises through a 'proprietary limited company' to cap their liability if something goes wrong. This is good advice, but it is nowhere near the end of the story. You also need to protect your assets. How does a proprietary limited company work? A proprietary limited [...]
Times are tough for everyone at the minute, and it's not easy getting paid if you're owned money. In this article we set out what you should be doing right now to improve your position to collect your debts.
Do the temporary changes to insolvency law mean that you won’t get paid? Not entirely, but they do mean you need to be super careful to assess creditworthiness before extending credit.
Is it worth transferring your home to your spouse before going into business?