TIMILEHIN ADESANMI’s Post

If your business is facing financial challenges, it can be difficult to know what the best course of action is. If you’re at risk of facing company administration, here are the key exit routes you should be aware of. -Company Voluntary Arrangement (CVA) -Sale of the business/assets -Exit by deemed consent -Dissolution -Return to the control of the Directors The right route for your company will depend on factors such as your financial situation, your goals/objectives for the company administration process and the agreement of other creditors and stakeholders. For more information on each exit route, you can read our free guide ‘Company Administration [2024 Guide]’ here: https://bit.ly/3TOd51d #CompanyAdministration #BusinessLaw #LegalAdvice #ExitRoute

The hidden game-changer for professional services firms? It's a financial metric that's hiding in plain sight: Days Sales Outstanding (DSO) For those leading professional services companies, here's a compelling business strategy with far-reaching benefits: Reduce your Days Sales Outstanding (DSO) to under 30 days.

Take the stress out of managing your finances! With our advanced tools, streamline your operations and ensure precision in every transaction. #FinanceManagement #BusinessTools #StreamlineOperations #AccuracyMatters #CreativeITES

🔒 Keep personal & business finances separate for: 1️⃣ Clarity & organization 2️⃣ Compliance & transparency 3️⃣ Asset protection 4️⃣ Better decision-making Separate accounts = smoother operations & long-term success. 💼💰 Need help cleaning up comingled accounts? Contact us, we can help! #FinancialTips #SmallBizSuccess

Running a business is tough enough without losing money to unnoticed mistakes. Revenue leakage happens when small errors, like missed invoices or mismanaged resources, go undetected, costing your business over time. That’s why having strong systems is essential. Simple processes, like double-checking invoices, can prevent costly mistakes and protect your bottom line. With the right controls, you can catch issues early, avoid fraud, and stay audit-ready. Not sure if your processes are strong enough? Download our free checklist, "How Strong Is Your Business Process?" and start improving today! Get your copy here: https://conta.cc/3B7TvXh #businesstips #financialmanagement #businessgrowth

Juggling the finances of a new business is confusing. Speak to our expert team for help and understanding https://lnkd.in/g-DdC2E

🛑 Attention Business Owners! 🛑 Thinking about selling your business? It's a complex journey with many potential pitfalls. Over the next few weeks, we’ll be sharing the Top 10 considerations every seller should keep in mind during the process. From financial preparations to choosing the right advisor, our goal is to help you navigate the sale smoothly and successfully. Stay tuned for invaluable insights and practical tips to maximize your business's value and ensure a seamless transition! 💼📈 📊 Tip 4: Don’t Forget to Get Your Financial House in Order Understanding your company’s key value drivers and reducing financial risks are essential. Prepare for due diligence by organizing your financials and legal documents. The more credible and professional you appear, the better your chances of a successful sale. #FinancialManagement #DueDiligence #BusinessPreparation #BusinessSales #MergersAndAcquisitions #ExpertAdvice #ValueMaximization #SuccessionPlanning #BusinessAdvice

Understanding how custody works for different types of accounts can help you determine which structure is best for your business. Read more about aspects you should consider here: https://lnkd.in/ggyDWNs3.

The deadline is fast approaching for many small businesses to file beneficial ownership information reports. Here’s a brief reminder of who must report and how to do so. https://ow.ly/5NGW50Uoupz #SmallBusiness #BusinessCompliance #SmallBizTips