Liquidate my company why don’t you

Go ahead, Liquidate my company why don’t you! I’ve only spent the last ten years fighting to survive! You have spent years building up your business – blood sweat and tears – and all that.  There has been months when you have earned less than a Tesco wage. You’ve even dreamed of buying a new pair of socks. (A director with a 12 million pound turnover, 20 years ago divulged that gem).

So when a disaster happens in your business, when nearly all hope is lost and even your private life takes a hit, do you really want to throw the towel in? Do you think it’s an easy way out? Do you really want to tell your family that a stranger has said to “liquidate my company”?  Have you the energy to start up again? Do you want to have that black mark hanging over you? Will you be able to face your key suppliers? How about your customers? Will they want to trade with you again? Your Sales are coming in but your cashflow has dried up.  Maybe a customer has gone bust on you.

It’s all about money

Understand this.  It’s all about money. Lot’s of it. Your company is the shop window to your wealth.  You are only in business for the money. Nothing else. If you are in it for other things and you are not already wealthy then get out! Liquidate your company and sit on a beach. But if you are dependent on the income from your company and don’t want to source a job then fight to keep your business. Pull your finger out and rekindle the enthusiasm that you had when you first became a director. It is that simple – just do it!

A bit of help

Along with the enthusiasm required, you may need a little help from Directors Circle. so call us on 0333 050 8518 for a gentle chat.