You've Built a Valuable Asset - Make Sure You Get Something For It At Growbridge, we come across many businesses that are owner managed, but with no succession plan. Succession planning is not just a corporate catch phrase. In owner managed businesses this is one of...

A couple of days ago, I was catching up with a BEE advisor, discussing our product offerings and looking to share ideas and opportunities. Very quickly, it became clear that he had a high level of expertise but only looked at a project through the lens of his...

Business Rescue Joint Venture with Eversheds Sutherland Business rescue can be an effective tool in giving a financially distressed company protection against creditors while a business turnaround strategy is implemented. An optimal service requires expertise in the...

We are living in difficult economic times globally, and this means the risk of retrenchment is high. Companies are looking for ways to cut costs and, given lower production and output, the only option may be reducing the number of people they employ. This is a...

Where a business is financially distressed, Business Rescue offers a good alternative to liquidation. Business Rescue creates a legal bubble in which the business is afforded time to implement a turnaround strategy. The following are some critical points for...

Many businesses will become financially distressed over the lockdown period. Under Section 22 of the Companies Act, the CIPC can place a company into liquidation or business rescue where it becomes aware that the business has become temporarily insolvent or...