In the current economic cycle, we are finding many of our clients are experiencing liquidity issues. We have found it very beneficial for those people who come to us with such a potential issue to work with them before the problem becomes a crisis.

The first step is to identify that you have a potential problem. If you find yourself in a situation where you cannot pay your bills within 30 days, then the best case scenario is that you have a potential problem. If you are finding you are unable to pay your bills for 90 days, you have a real and concerning issue.

Many businesses are reluctant to seek help, often believing (sometimes because of embarrassment) the problem will rectify itself in due course. Unfortunately, history indicates this is not the case.
It is essential to firstly identify the problem and then seek some financial guidance on how the issue can best be managed. Where banks are kept continuously informed of the situation, we find they are much more willing to be helpful in managing the particular crisis.

When the bank is presented with the situation which has been existent for some long time and left undiscussed, they are understandably more reluctant to help. A Banks relationship with their customers is built around mutual confidence. We all know a lack of communication can erode confidence from the other party.

If you believe you are having a liquidity issue, or you will potentially run into a problem with payment of your debts – PLEASE make contact with us so we can open dialogue with your lenders and try to get your business back on an appropriate footing.

We all know how much "thinking time" financial problems take from us. While we are stressing about these issues, we are not concentrating on running our business. It is in times like this that we as your trusted advisors should be in a position to give you advice on how to deal with the problem at hand.

If you would like me to do a liquidity check on your business, discuss profitability of your operation, or the long-term value of the business you are conducting – please feel comfortable to contact me. My direct email address is –