News Stories

Now is the time to get your house in order

As businesses begin to feel the effects of the economic downturn and brace themselves for the prospects of recession, there has never been a more important time for your company to be protected from avoidable risks.
 
For many companies, credit control, payment terms and accurate terms of contract play second fiddle to the business of day to day selling and providing products and services.
 
On another level, matters of employment legislation obligations are often dealt with on an ‘adhoc’ and ‘when time allows’ basis. Without specialist advice in these areas it is a huge challenge for any business no matter how diligent to police and control effectively with ever changing and particularly complex employment laws.
 
In a healthy economic environment, the serious risks of poor financial control and debt recovery processes in addition to vulnerabilities of lacking employment law and HR practices can be disguised to some extent by a full order book and generally positive cash flow – problems can be dealt with somehow and the business is still making money philosophy.
 
In times of downturn, the apparent protective cushion that a growth market can bring is stripped away and these risks can come home to roost.
 
As with most risks, there are steps you can take to avoid them – with the risks of financial control, employment law & HR obligations, there are expert services available to support businesses.
 
A common fear is that specialist advice and support services will, come at such a high price that it is invariably tempting to take the ‘unprotected’ risk, however this does not have to be the case, Read Dunn Connell Solicitors pride themselves on offering an affordable solution to business customers.
 
Robert Anderson, Partner at Read Dunn Connell explains: “ We understand the issues and risks that businesses are facing and have developed services within our specialist teams to provide affordable solutions to the real problems of debt recovery and employment law that companies need to adhere to. We can make a real contribution to the business community by averting these risks by making these services readily available to protect our clients interests. We have turned traditional methods of providing these services on their heads by removing the cost barriers and making them affordable for local businesses.
 
For further information contact Robert Anderson, Read Dunn Connell Solicitors on 01274 723858 or r.anderson@readdunnconnell.co.uk