Welcome to Going Broke

This is the site where you can find out what happens when a business fails. Even when everything is going well there can be the sword of Damocles hanging over every small or medium sized owner manager. It could happen one day to anyone so be prepared. The 'it' I am talking about is insolvency.

Obtain lessons through my successes and learn from my errors.

My story is still ongoing. Log onto my Twitter feed @ http://twitter.com/goingbrokeuk and I will keep you posted as I face the aftermath of losing my business.

This website is a work in progress. I am going to add to it on a regular basis so that you can learn from everything I am experiencing on a day to day basis.  My story is an example of what can happen to any business in these difficult times. No one is 'too big to fail'!

I hope to give you the insight into the key aspects of business survival and personal wealth protection without information overload.

Insolvency law is one of the few areas of the law where you can be considered to be guilty unless you can prove yourself innocent. Armed with my experience I can prepare you for what could happen. If you are already looking over the precipice, I can help you. Directors are naturally concerned about approaching their accountant, auditor or bank when facing issues. Talk to me first and I can give you current first hand advice on what to expect and help you, the director. You will discover that other ‘advisors’ will look after the interests of the bank, factor and other creditors leaving you in the cold.

If you want detailed advice, you can arrange a telephone discussion with me or I will be available for face-to-face meetings in towns and cities as noted on my diary page. Everything you discuss with me will remain confidential.

I am not going to push you in a direction you are not happy with.  I am just helping you, be it with either a single phone consultation or more substantial assistance.

Do not fear the process of insolvency; do not be obsessed by the views of suppliers and customers. Do not think that insolvency is the end of the road. There are ways that a business can survive. I have done it myself and can tell you how it is done.