{"id":94043,"date":"2025-02-17T17:30:49","date_gmt":"2025-02-17T17:30:49","guid":{"rendered":"https:\/\/peraltafinancing.com\/accounting\/when-the-going-gets-tough-expert-advice-cash-flow-management-protecting-value\/"},"modified":"2025-02-17T17:30:49","modified_gmt":"2025-02-17T17:30:49","slug":"when-the-going-gets-tough-expert-advice-cash-flow-management-protecting-value","status":"publish","type":"post","link":"https:\/\/fivemor.com\/?p=94043","title":{"rendered":"When the going gets tough &#8211; Expert advice, cash flow management &#038; protecting value"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<h3 class=\"wp-block-heading has-menzies-biege-background-color has-background\" id=\"h-professional-advice\"><strong>Professional Advice<\/strong><\/h3>\n<p>Its easy to shun the professional advisors when things start getting tough, especially when you are worrying about money and costs. The most successful people recognise their own skill sets and surround themselves with experts for everything else.<\/p>\n<div class=\"wp-block-image\">\n<figure class=\"alignright size-full is-resized\"><a href=\"https:\/\/www.menzies.co.uk\/wp-content\/uploads\/2023\/04\/Empathy_grey.png\"><img decoding=\"async\" fetchpriority=\"high\" width=\"417\" height=\"417\" src=\"https:\/\/www.menzies.co.uk\/wp-content\/uploads\/2023\/04\/Empathy_grey.png\" alt=\"An icon of a heart on a hand.\" class=\"wp-image-16581\" style=\"aspect-ratio:1;width:89px;height:auto\" srcset=\"https:\/\/www.menzies.co.uk\/wp-content\/uploads\/2023\/04\/Empathy_grey.png 417w, https:\/\/www.menzies.co.uk\/wp-content\/uploads\/2023\/04\/Empathy_grey-300x300.png 300w, https:\/\/www.menzies.co.uk\/wp-content\/uploads\/2023\/04\/Empathy_grey-150x150.png 150w, https:\/\/www.menzies.co.uk\/wp-content\/uploads\/2023\/04\/Empathy_grey-68x68.png 68w\" sizes=\"(max-width: 417px) 100vw, 417px\"\/><\/a><\/figure>\n<\/div>\n<p>Tap into your professional advisor\u2019s knowledge and their network of contacts to find the right advice. Professional accountants, lawyers and restructuring professionals are all really good sources of advice, with the latter being professional problem solvers and strategic solution finders.<\/p>\n<h2 class=\"wp-block-heading\" id=\"h-\"\/>\n<\/div>\n<div>\n<h3 class=\"wp-block-heading has-menzies-yellow-color has-menzies-grey-background-color has-text-color has-background\" id=\"h-creditor-focus\"><strong>Creditor Focus<\/strong><\/h3>\n<p>Enhancing shareholder value is the typical focus for a business, with an emphasis on growth and dividends. When faced with financial challenges however, the Board of Directors must consider the creditors interest above the shareholders. Making sure that value is protected for creditors and their financial position is not prejudiced is key to the Board mitigating their risk of future criticism and potential wrongful trading or misfeasance claims.<\/p>\n<h2 class=\"wp-block-heading\" id=\"h-\"\/>\n<\/div>\n\n","protected":false},"excerpt":{"rendered":"<p>Professional Advice Its easy to shun the professional advisors when things start getting tough, especially when you are worrying about money and costs. The most successful people recognise their own skill sets and surround themselves with experts for everything else. Tap into your professional advisor\u2019s knowledge and their network of contacts to find the right [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":94044,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11759],"tags":[11282,2475,4687,3313,5984,4377,2233],"dealstore":[],"offerexpiration":[],"class_list":["post-94043","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-accounting","tag-advice","tag-cash","tag-expert","tag-flow","tag-management","tag-protecting","tag-tough"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>When the going gets tough - Expert advice, cash flow management &amp; protecting value - Som2ny Network<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fivemor.com\/?p=94043\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"When the going gets tough - Expert advice, cash flow management &amp; protecting value - Som2ny Network\" \/>\n<meta property=\"og:description\" content=\"Professional Advice Its easy to shun the professional advisors when things start getting tough, especially when you are worrying about money and costs. The most successful people recognise their own skill sets and surround themselves with experts for everything else. 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