Banks and Businesses Demand Financial Information
Over the last 6 months there has been a significant increase in banks and clients asking for our help in preparing integrated financial projections.
As the impact of the downturn became more serious and funding more of an issue, banks have unsurprisingly required a greater level of comfort in assessing forward sales, profits and cash – reassurance that debt can be repaid. Rabjohns has been extensively involved in assisting this process, which has successfully allowed a many businesses to gain funding. In a number of those cases, businesses have been saved from failure and have benefited from government backed funding.
For further information or indeed help – please contact David Cornelius or Andy Wood.
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16 November 2011
Increased transport charges, driven by recent rises in fuel prices and public transport fares, are the biggest cost-problem for owner-managed businesses.
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03 November 2011
Owner managed companies report a continued rise in the burden of Red Tape, despite successive Governments’ promise to cut those burdens.
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