82 BUSINESS SUPPORT
GROWTH SUPPORT DELIVERED FROM EXPERIENCE
by Paul Aisthorpe Director, Scale-Ability
Going Beyond
the Summit Developing teams and leaders, creating stronger businesses, driving Lancashire’s economic growth
When your business is facing a new challenge, it helps to have somebody in your corner who’s been there before.
Over the last eight years we have provided business support to more 200 organisations in Lancashire and the North West.
Our mentoring, coaching and training support empowers business owners to get control of their business - and their lives - putting down solid foundations for sustainable growth.
Why do we do this?
We’ve been in your situation, running a company, on the daily roller coaster of emotions, trying to drive your company forward, moving from one challenge to the next.
E:
success@scale-ability.co.uk T: 01524 220354
W:
www.scale-ability.co.uk
We have experienced the impact this has on our motivations, our drive, and our ability to make sound business decisions.
If that business you dreamed of before you set out now seems a
long way off, if things feel out of control, your problems appear insurmountable, and you have no time to plan for growth, we can help.
We specialise in creating the right environment to help you and your business to start moving forward effectively.
Our wide experience and extensive knowledge, gained within a diverse range of business sectors, not only enables us to ask you the right questions, but to build the kind of relationship where you are at ease opening up and identifying the issues you are facing.
Clients tell us that the support they receive gives them the confidence to innovate, tackle problems quicker, invest in people, technology and infrastructure and make pivotal decisions on growth.
Finding the right support at the right time is vital for giving you the confidence to act, scale-up your business and craft your journey to success.
EARLY ACTION IMPROVES CHANCES OF RECOVERY
INSOLVENCY WE
Practical insolvency advice for directors & business owners
by Natalie Hughes Licensed insolvency practitioner, Simply Corporate
With inflation at its highest in 30 years, problems with supply chains and labour shortages, businesses are again facing a difficult and unpredictable financial climate.
The fear of insolvency is very real.
However, making the decision to talk about the problem is also something that many directors and business owners fear.
We recognise that our profession is often seen as all doom and gloom and people find the prospect of speaking to an insolvency practitioner daunting.
However, we strive to provide a more positive, understanding and empathetic service, reassuring you that there are solutions available and the sooner you seek advice and support, the greater the chance of survival.
01282 222420
www.simplycorporate.co.uk
Business confidence in the UK has slumped to a post-pandemic low and many economists warn that a recession is imminent.
As pressures grow on their businesses, directors need to be
aware of the warning signs and act as soon as any of these are identified:
Difficulty in paying essential bills – Unable to pay staff wages, HMRC, rent or suppliers.
Overdraft at limit - Banks refusing to increase overdraft facilities to help cashflow.
Creditor pressure – Increased demands and threat of legal action from creditors.
Poor cashflow – Considering commercial finance or personal savings to find emergency cash to continue trading.
Loss of major contracts - Resulting in cashflow problems.
Business owners and company directors should be looking forward and taking proactive measures to help their businesses, which may involve consulting an insolvency practitioner.
Running a company is tough; cash rarely flows in a steady stream and the difference between those that survive and those that fail is often determined by how early they seek help and advice.
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