That's the view of Christine Convy, the founder of Dundee, Fife and Glasgow-based restructuring specialist Dunedin Advisory. She said the lack of a restructuring culture in Scotland means many firms are unaware of tools that could put their business on a surer footing.
This week Christine Convy, Director of Dunedin Advisory specialists in restructuring and recovery of businesses presented a webinar to company delegates discussing 'Surviving Covid-19' in collaboration with Business Gateway Fife.
As the Covid lockdown continues giving many businesses restricted or no option to trade, Angela Paterson, Associate Director of Dunedin Advisory highlights a potential lifeline to consider - a CVA.
In light of the evolving position with regard to the coronavirus (COVID-19), Dunedin Advisory's offices in Dundee, Glenrothes & Glasgow will be closed to the public and visitors until further notice.
Linda Grant, Dunedin Advisory Development Director, offers some steps businesses can take to help ease the pressure during this challenging time.
William Cullen, Manager at Dunedin Advisory, offers advice on how to improve cashflow through effective credit control. Good management of cashflow is vital for all businesses and is a key factor which, if not managed well, can see profitable businesses fall into difficult financial circumstances. Her’s four ways...