School’s out for Summer! And when that happens many parents find that they struggle to keep their children entertained and out of trouble.
With no teachers around, parents have to step in and reduce their time at work.
This often has knock on effects within their business. This can create cash flow problems especially if that parent is in charge of debt collection.
School holidays can often be the cause of insolvency within small family businesses.
If this happens then call in Taxgone and set up a Company Voluntary Arrangement to deal with the problem before a winding up petition makes the problems worse.
Categories: Winding up Petition