As we have seen in recent years, even the major high street retailers can face challenges as a consequence of the current state of the economy. HMV, Miss Sixty, Woolworths, the list goes on.
In February, Tesco reported the worst results in its history, with a decline in profits of 55{06aeb1921e0b802d2bd9c766bc98fb11cc6a46c2b0593ed9c88a0e29cf417a34} during the first six months of its financial year, compared to the same period last year.
All businesses must remain competitive and adapt to changes in the market place.
If your business if facing problems and you need advice on the options available, such as new funding, business restructuring or help with insolvency, we can help.
Give us a call to arrange a FREE, no obligation consultation