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Thorntons Corporate Webinar – Protecting Your Business During a Downturn
22 March 2023, 9:30 am - 10:30 am
In a time of economic uncertainty, supply issues, inflationary pressures and spiralling costs, business owners in all sectors need to take proactive measures to protect their business – and themselves.
Whether you need to manage costs; you’re experiencing supply chain issues; or you need to review your business structure and financing, there are a range of measures available to help navigate a difficult business environment. Seeking early advice is always recommended to help avoid potential business disruption during an economic downturn.
In this webinar and Q&A, Partners Pamela Muir and Chris Allan will explore the various legal options available to help reduce risks across your business and adjust to changing trading conditions.
This webinar will cover:
- Structuring your business including location of assets and personal liability issues
- Funding your business; shareholder loans v equity and third party funding
- Contractual protection; contractual provisions for late payments and interest on late payments
- Debtor and creditor management; effective procedures