Yes — often the sooner advice is sought, the greater the range of options available. A business advisor can provide an objective view of the company’s financial position, identify the main causes of pressure, and help put a practical plan in place to improve stability. That may include improving cash flow, restructuring debt, negotiating with creditors, raising funding, or exiting unprofitable parts of the business. In many cases, a business facing financial difficulty can be stabilised or restructured successfully with early action and the right support. Early advice is particularly important where insolvency may be a risk, as directors’ duties become more focused on protecting creditors’ interests.
