Tag: Business Overdraft

What effect does debt have on mental health?

Business owners at risk of becoming insolvent may find that their mental health is suffering as well as their finances. There’s no doubt about it, debt is a burden, not just to your business, but to your health too. The strain of a failing business can also cause problems with personal finances, causing the pressure…




Is Your Business Set Up To Fail?

This may sound like an odd question, we can all talk about how we work hard to succeed at our businesses, put in the hours and so on but often this effort can be misplaced and not in the long term interests of the business.   Weaknesses in any of the key areas of what makes…




Options If Your Bank Calls in Your Business Overdraft

Sometimes the bank decides that it’s time to call in a business overdraft. There can be many reasons for this even if none of them seem fair at the time. If you check the small print on any bank overdraft or loan, there will often be clauses that allow a bank to decide that it…