Has your business been affected by CVOID19?
You’re not alone. No one was planning for a Pandemic to hit us in 2020. Everyone went about their business planning for 2020 thinking it would be a good year after the devastating fires – and now this!
Virgin has been the first high profile company to go into Administration. They were carrying too much debt and when the revenue tap turned off they could no longer operate in that structure.
We will see more businesses need to be restructured. Virgin will fly again but in a different form and without the massive burden of debt. They have taken this opportunity to recapitalise the business.
It won’t be long before we start to move around again with a bit of normality but make no mistake, we will be in a recession that could last for years. This is the time where opportunity exists next to disaster. If your business is in “hibernation” or feels like it is on life support at the moment you need to act quickly to save it.
You Must Act Now! If you want a chance to save your business and protect your personal assets you have a small window.