Finding the right business debt service
It doesn’t matter whether your company is large or small. If you are the Director of a business with debt problems, then you’re in a very lonely place.
There are so many pressures that surround you every day, paying staff, tax returns, dealing with creditors, getting money in from your debtors – the list seems endless.
With so much to do every day, it is forgivable that you lose control of some debts once in a while. It’s when the debts start to spiral out of control that the problems begin.
For some Directors, they just never realise how bad things are until it is too late. They think they are juggling everything just fine, and then a bailiff turns up.
Being in debt is not a problem, losing control of it is!
If you can recognise that you are losing control of your debt situation, then you are half way to a solution.