#18 THE INSOLVENCY TOOLKIT - How Businesses Survive Financial Difficulty

This episode of Fresh Perspectives explores what restructuring and insolvency actually mean for business owners, why early advice makes all the difference and what options exist long before a company reaches the point of no return.

Rob Brown is joined by Matthew Richards, Joint Head of Restructuring and Insolvency at Azets, to discuss the current pressures facing UK businesses and why rising costs, national insurance changes and global uncertainty are keeping insolvency professionals busier than they have been in years. Matt explains the difference between restructuring and insolvency, why the two are more closely related than most people think and what tools are available to directors who act early.

We explore what wrongful trading means and why directors can be personally liable if they continue trading without a realistic prospect of survival. Matt walks through the practical steps any business owner can take right now, including how to build a 13-week cash flow, how to sensitise a forecast and when to have a conversation with a specialist.

The episode also covers the emotional weight of financial difficulty, why most business failures are not the owner's fault and how insolvency can sometimes be the beginning of something new rather than the end.

You can connect with Matthew Richards on LinkedIn.

+++

Fresh Perspectives is the business podcast from Azets where advisers, experts and leaders share fresh thinking to help you move forward with confidence.

Each episode explores real-world challenges and opportunities for business owners and entrepreneurs, from finance and growth to leadership and technology.

Formerly Bang The Drum, the show continues Azets’ commitment to sharing practical advice, new ideas and inspiring stories from across the business community.

This podcast has featured at #1 in the Apple Podcast charts for Management podcasts and #19 in the Apple Podcasts charts for Business podcasts.

Follow and subscribe to Fresh Perspectives on your favourite player, leave a review and share it with others who you think might enjoy it.

Find more about Azets at www.azets.com.

Det här avsnittet är hämtat från ett öppet RSS-flöde och publiceras inte av Podme. Det kan innehålla reklam.

Avsnitt(63)

#33 PRIVATE CREDIT VS THE BANKS - PART 1: Who Wins and Who Loses?

The rules of business finance have changed. Interest rates have moved, lender priorities have shifted and the structures being used to get deals done look nothing like they did three years ago. If you...

14 Okt 26min

#32 HMRC IS WATCHING - What Charities and NFPs Need to Know in 2026

HMRC has changed how it scrutinises charities. It now uses AI-supported analytics to cross-reference tax filings, public records, social media and more than 30 external databases. Even minor inconsist...

7 Okt 25min

#31 THE ENTREPRENEURSHIP TAX - What's Holding Britain's SMEs Back

Britain built its reputation on the back of people who took risks. The entrepreneurs who started with nothing, backed themselves and built something. That spirit hasn't disappeared. But the conditions...

30 Sep 23min

#30 AI LIPSTICK - PART 2: Why Most SMEs Are Not Getting What They Paid For

Only 41% of UK SMEs say their workforce has the skills to use AI effectively. Only 45% say their AI investments have delivered a measurable return. Donald Boyd is not surprised. He has watched firms b...

23 Sep 24min

#29 THE RESILIENCE GAP - PART 1: Why Some SMEs Will Not Get Through This

The Azets Barometer told us something interesting. Split almost down the middle. 46% of SMEs pessimistic. 43% optimistic. Donald Boyd has been advising SME businesses for over 30 years and says the da...

16 Sep 21min

#28 DEBT OR EQUITY - How Businesses Should Think About Funding Growth

Most business owners think about funding when they need it. By that point, their options have already narrowed. Whether you are investing in technology, expanding into new markets, making an acquisiti...

9 Sep 26min

#27 DEBT DECISIONS - Is Now the Right Time To Refinance

One business owner had stacked so many loans that his monthly repayments hit £35,000. He was profitable. He was thinking about selling up because the debt had become unbearable. Mark Barrie's team rev...

4 Sep 20min

#26 CASH IS KING - PART 2: The Decisions SME Leaders Can't Keep Putting Off

When Peter Gallanagh wants to know how a business is really doing, he does not ask the owner. He asks the receptionist. That instinct for ground-level truth is what runs through this conversation. In...

26 Aug 13min