Gavin Bates, Author at Business Bulletin Magazine

Micawbering and insolvency – why you shouldn’t trust your break even point

August 31, 2023 Gavin Bates 903 Views break even, break even point, costs, overheads

I assume you have already worked out your break even point (BEP). If not, you really should because it would be ill advised to run any business without knowing it. If you haven’t done it, go and do it now. Actually, more sensibly, read this article first and then go and do it.

Finance

Bankrupt, insolvent or in need of rescue?

July 22, 2023 Gavin Bates 1050 Views administration, bankrupt, bankruptcy, cashflow, debt, HMRC, insolvency, insolvency practitioner, insolvent, liquidation

I doubt any business owner is totally ready for the pressure that being in charge can bring. It’s hard being the person at the top, particularly when it comes to having money issues.