Episode Details

Business winding-up applications surge, with over four hundred cases so far this year, exceeding previous years totals. Insolvency expert Keaton Pronk predicts a record-breaking year. Directors grapple with ethical dilemmas as they decide whether to keep insolvent companies trading, risking personal liability. The current slowdown is longer and steadier than previous downturns, with rising costs and shrinking margins indicating deeper trouble. Smart directors seek advisers help to determine company viability before its too late.

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