UK (PRWEB UK) 29 July 2013
At a time when cash flow remains a significant concern for more than four in ten (41%) CFOs*, specialist insolvency and corporate recovery firm Moorfields Corporate Recovery has launched an informative infographic offering top tips for business cash flow management.
For many firms cash still remains king when it comes to the ongoing success of their business operations, and Moorfield’s Managing cash flow within your business infographic offers expert, step-by-step advice on some of the methods businesses can use to begin to address their cash flow problems.
From company voluntary arrangements (CVAs) to business restructuring, Moorfield’s infographic delivers the message that whatever the cash flow problem businesses are facing there is a solution to match.
As well as highlighting the key factors which can contribute to cash flow distress, such as withheld customer payments, Moorfield’s infographic also looks at the positive impact that professional insolvency advice can have on turning around the fortunes of a struggling business.
With more than a 100 business hours devoted to late payments, businesses could save both time and money by turning to a corporate insolvency specialist to help them develop a structured cash flow management plan.
Moorfield’s infographic also debunks key myths surrounding turnaround management, emphasising that the process still puts businesses in the driving seat when it comes to transforming the future direction of their operations.
Moorfield’s infographic empowers businesses with the tools they need to begin to tackle their cash flow management problems head on, a key step of which is drawing on the extensive experience, and expert guidance of insolvency practitioners.
Commenting, Phil Smith, a Partner at Moorfields Corporate Recovery, said:
“At a time when businesses are still struggling to obtain the finance they need, comprehensive cash flow management is key to ensuring that businesses can make the most of their existing resources.
“At Moorfields we believe that businesses should embrace whatever steps they need to take to get their cash flow back on track, from a simple financial review to refinancing options.
“As a leading provider of Corporate Advisory, Restructuring and Insolvency Services the highly skilled team at Moorfields Corporate Recovery help your business seek timely and practical solutions to help see your troubled business on the path to success.”
Notes to Editors
For further enquiries please call Katie Smith on Tel: 0207 186 1143 or email ksmith(at)moorfieldscr(dot)com
Moorfields Corporate Recovery LLP is one of the UK's leading independent firms of restructuring and insolvency specialists. Our highly skilled teams include restructuring professionals and licensed insolvency practitioners who provide leadership, experience and high quality advice to companies and their stakeholders in financially distressed situations.
Moorfields Corporate Recovery is proud to have been awarded Corporate Recovery Firm of the year at the Insolvency and Rescue Awards 2012. http://www.moorfieldscr.com