Monday 12th April 2010 - Published by Kelly Jackson - Communications Executive
Bridgewood Offers Lifeline To Recession-hit Businesses
Britain may now have officially crept out of recession but the recent financial crisis has left many small businesses reeling as they struggle to make ends meet.
Bridgewood Financial Solutions are on hand to help small businesses and sole traders with a free financial health check and debt advice service.
With growing expectations of a double-dip recession, many small businesses left on the ropes from the last round are not expected to survive the next. Peter Sargent, President of insolvency trade body R3, said, "It is easy to forget that banks are not a company's only creditors, for many their largest creditor is the Government. With close to 300,000 firms in crucial 'time to pay' tax arrangements with HMRC, it seems that a large number of businesses are in need of a financial health check.”
He continued, “The journey back to recovery is slow and uncertain and we advise any business owner who believes their company may be on the path to insolvency to seek help sooner rather than later.”
Bridgewood Financial Solution's services include a free emergency helpline and face-to-face advice on the best course of action to keep businesses trading. Bridgewood's qualified insolvency practitioners and trained advisers are on hand to help ensure priority debts are paid so trading can continue. They are also able to assist in maximising income and optimising business expenditure by helping clients find grants, benefits and deals which could provide vital support.
Where most debt solutions providers are high-volume businesses focusing solely on consumer debt, Bridgewood is a small, independently-run company and offers a bespoke service to meet the specific requirements of its clients. Bridgewood dispenses with low-level front-end staff, so new clients can be sure that they're dealing with an expert right from the start, ensuring that the plan for recovery is perfectly tailored to fit every client's needs.
For more information visit www.bridgewood.co.uk
Sole trader / small business PR - a pr2go story
