Dire straits or opportunity – will your business survive the downturn?

Don’t let your business become a recession statistic. Many firms will fail in the next few years, but help is at hand for those prepared to think strategically and plan accordingly. Mercantile offers a range of support services for SMEs and it is only those that plan meticulously that will survive the current downturn. Take advantage of the experience and expertise available at Mercantile to ensure your business survives and prospers.

*Improved Cashflow
*Greater confidence
*Accelerated sales success
*Less pressure from creditors

For a free, confidential initial discussion contact our MD now: 01480 830494 or andrew@mercantile-group.com

Free Guides

As part of the Mercantile ‘added value programme’ we are pleased to be able to offer two new ‘expert guides’ – available free on the website.

All you need to know about key financial ratios:

Easily monitor the health of your business with these financial KPIs

GP Margin, Net Profit, Debtor Days

Print your free copy of this guide here: Key Finacial Ratios

New Entrepreneurs’ Tax Relief:

Learn how to gain maximum tax relief for disposals and other relevant transactions.

Print your free copy of this guide here: Entrepreneurs' Relief

SME funding still available

The papers may be full of doom and gloom, but strong SMEs can still gain support from banks, angels and other investors for inspired expansion plans.

Only yesterday we secured £200k additional bank funding as part of a £500k package for a small acquisition and other capital expenditure.

The equity gap is real - most VC firms are only interested in £5m + deals, but lesser amounts are available for SMEs with a carefully focussed business plan and committed people in the business. Apart from anything else the high street banks are swamped with problems and struggling customers and are very keen to see well thought out expansion plans.

Alternatives to insolvency for SMEs

Bank no longer supportive? Accountants suggesting insolvency? Your worst nightmare?

It may seem that you've reached the end of your resources, but often formal insolvency can be avoided. Don't believe all you are told by a predatory bank! There are often credible alternatives even for those who think the end is nigh!

SME cashflow problems are usually caused by unexpected, outside influences and usually lead to a rapidly deteriorating relationship with the bank - always keen to lend in the good times, less so when trouble occurs - followed by a loss of confidence in the market and orders dry up.

A rapid assessment of the circumstances by an independent third party followed by ACTION to stabilise the position and create a rescue plan can often dramatically change the situation and avoid the need for formal insolvency.

Follow a live example and the steps necessary to survive by subscribing.