Checklist: What to do when your business is insolvent

In our guide, we set out 7 steps that a financially troubled business should undertake to respond to insolvency. We find that catching financial distress earlier in the client journey will increase their chance of turnaround or at least to minimise the cost.

One objective of this checklist is to help company directors and owners to work out whether they need professional help and to work out their end game of either business continuity or business exit.