PATRONS
Begbies Traynor Group welcomed as patron
Business turnaround and rescue specialist Begbies Traynor Group is the latest new patron at East Midlands Chamber. The UK’s leading business rescue
and recovery firm, which has four offices in the East Midlands, joins as the Chamber’s business rescue and insolvency partner. With the start to 2021 shadowed
by trading uncertainty due to continued lockdown restrictions, it has a major role to play in helping businesses of all sizes to stay afloat or, as a last resort, guiding them through insolvency. Carolynn Best, partner at the
firm’s Leicester office, which serves the whole region along with bases in Nottingham, Loughborough and Burton, said: “As a patron, we are offering our support to all Chamber businesses in the hope of bolstering their financial position in the face of Covid-19. “I can’t stress enough the
importance of accessing advice in the first instance of witnessing the deterioration of company finances. “By exploring your options early,
you can act in the best interests of creditors and prevent compulsory
Claim back on graduate hires
Organisations across Derbyshire and Nottinghamshire can claim £1,000 when they hire a graduate as part of an incentive scheme run by a consortium of education institutions. The GRADS for D2N2 grant
is available to SMEs that employ people who have graduated from any university within the past three years. The scheme, part-funded by
Carolynn Best
liquidation as a result of creditor action.” Founded in 1989, AIM-listed
Begbies Traynor employs more than 400 people across 80-plus offices and started 2021 with its largest acquisition to date when it bought insolvency consultancy CVR Global in January. It works with businesses ranging
from independent shops to global names that are experiencing financial distress, and its East Midlands team is highly experienced in facilitating company rescues and business turnarounds.
BUSINESS RECOVERY OPTIONS Whether a company is cash-redundant, asset-poor or subject to serious creditor action, Begbies Traynor says business recovery is possible by following these actions: 1. Actively track the health of your business and seek urgent advice in the event of financial downfall
2. If your business is unable to fulfil financial commitments to creditors, a company voluntary arrangement may provide a suitable solution and protect you from legal action
3. If growing tax liabilities are staggering company cash flow, a “time to pay” arrangement can help restructure HMRC payments into affordable instalments
4. If your business has exhausted rescue avenues, company liquidation options are also available.
Martin Buttriss Martin Buttriss, another partner
at Begbies Traynor Leicester, added: “We provide free resources and support to local businesses across the East Midlands region, offering a helping hand and a guided approach during these unprecedented times.” Chamber chief executive Scott
Knowles said: “We know this pandemic has had a hugely damaging impact on many businesses, through no fault of their own in many cases, but it’s important they realise there is support available to survive. “We’re delighted to welcome
Begbies Traynor, a powerhouse in the corporate rescue and recovery world, on board as a patron, and would advise any Chamber members that feel they would benefit to have a chat to the company’s East Midlands team about their financial situation.”
Begbies Traynor is offering a free confidential consultation to Chamber members. For more information, call 0800 1822 367 or email
carolynn.best@
btguk.com or
martin.buttriss@btguk.com
the European Social Fund (ESF), is being delivered by the High Level Skills consortium, which includes the University of Derby, Nottingham Trent University, Derby College, Nottingham College and Nottingham City Council. In addition to the funding,
the University of Derby is also offering free expert advice to local organisations to help them through the pandemic via its Regroup, Recruit and Rebuild initiative. To date, it has given away
more than £250,000 to businesses in Derbyshire and Nottinghamshire to support them in rebuilding their workforce. To be eligible, companies must have recently recruited or are currently advertising a role with a salary of at least £18,213 pro-rata It is also handling all role
promotion, application sifting and shortlisting for free, along with providing onboarding support.
To find out more, visit
derby.ac.uk/driven
THE CHAMBER IS HONOURED BY THE SUPPORT OF ITS STRATEGIC PARTNERS AND PATRONS
business networkMarch 2021
31
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48 |
Page 49 |
Page 50 |
Page 51 |
Page 52 |
Page 53 |
Page 54 |
Page 55 |
Page 56 |
Page 57 |
Page 58 |
Page 59 |
Page 60 |
Page 61 |
Page 62 |
Page 63 |
Page 64 |
Page 65 |
Page 66 |
Page 67 |
Page 68 |
Page 69 |
Page 70 |
Page 71 |
Page 72 |
Page 73 |
Page 74 |
Page 75 |
Page 76 |
Page 77 |
Page 78 |
Page 79 |
Page 80 |
Page 81 |
Page 82 |
Page 83 |
Page 84 |
Page 85 |
Page 86 |
Page 87 |
Page 88 |
Page 89 |
Page 90 |
Page 91 |
Page 92
