Business Rescue vs Liquidation: Which Saves More Value?
Financial distress in business rarely happens overnight. It builds over time as cash flow tightens, creditors apply pressure, and operations become strained by inflation. By the time directors need to make a decision, their options are often limited. The Companies Act 71 of 2008 introduced business rescue as an alternative to liquidation, aimed at preserving […]
My business is in financial distress – what are my options?
South Africa’s triple threat of load-shedding and the dramatic increases in fuel along with inflation have left many of the country’s small and medium enterprises in dire straits at a defining crossroads: do they continue trading and hope that things will improve, whilst risking incurring further debts, or do they cut their losses and give […]