Nottingham businesses struggling to cope with the fallout of the coronavirus pandemic can now access free financial advice and support in mapping a path through the crisis.
Bridgewood - a city centre-based recovery and insolvency specialist - are offering complimentary consultations to assist in finding the right answers for business owners struggling to navigate these uncertain times.
The sessions are being carried out either through video or standard phone calls with businesses being asked to gather recent accounting information or figures for sales, costs and creditors beforehand.
Aftab Zahoor, head of partnerships at Bridgewood, said: "As Nottingham recovery and insolvency specialists, we want to ensure all local businesses suffering the implications of Covid-19 have access to the right financial support and technical expertise to help them through this tough period."
Following the consultation call an adviser will send through a detailed advice note via email which will include key observations and recommended actions.
Some issues Bridgewood can help with include negotiating payment arrangements with landlords, HMRC and other creditors, restructuring existing debts, completing an application for Grant Funding or a Business Interruption Loan, laying-off or furloughing employees or other HR related issues and ensuring businesses continue to fulfil statutory obligations as directors.
An adviser can also be on hand to help business owners deliver on these recommended actions as required and in support of this Bridgewood has pulled together a team of experts across a number of disciplines including HR, employment law, business advisory, corporate finance and legal support.
Previously the company has worked with iconic Derby department store Bennetts, steel fabrications manufacturers Matt Engineering and obstacle race events company Ultimate Adventures.
To book a free consultation contact Bridgewood on 0800 987 1010.
