How do I know if my business is insolvent?

How do I know if my business is insolvent?

How do I know if my business is insolvent?

Answer: 

If the company is unable to pay its debts as and when they fall due, the directors should seek professional advice from a solicitor or an accountant as to the options available.  In some cases, if advice is sought immediately, the business can be saved.

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