Why STOP? Because there’s a good chance you’re months away from really needing to do this.
👉 Insolvency practitioners earn their money by closing your business down. Many charge thousands. And if you go into an IVA, every customer you’ve got will run a mile. That’s basically game over.
But here’s the truth: you have more options than you think.
Do you know how you got here?
- Not enough sales 📉
- Ok sales but not profitable enough 💸
- Cashflow (the #1 killer of small businesses) 💀
- Supplier problems 🚚
- Too top-heavy with management 🏢
- Line of credit gone 💳
Maybe all of the above?
Don't let someone else pick up your assets for pennies on the dollar and benefits from your hard work. Why should it be them and not you?
Ask yourself two questions:
1️⃣ Do you know what went wrong?
2️⃣ If you had a do-over, could you stop it happening again?
If the answer is YES to both, you shouldn’t even be considering shutting down, so lets find out where the gaps really are?
Rate yourself (1 = terrible, 10 = excellent):
- Marketing ability
- Closing sales %
- Client retention
- Client quality perception
- Admin & organisation
- Supplier relationships
- Competitiveness against rivals
- Customer service
Here’s the kicker: if you’re scoring below 8/10 in more than two of the above, you’ve just diagnosed why you’re in trouble.
But low scores don’t mean your a failure. They just mean you didn't figure out a way to fix those gaps... yet.
💡 In this group we’ll dig into these failings, plug the gaps, and give you practical tools — videos, cheat sheets, and strategies — to keep you in the fight.
Because liquidation is rarely the only option.
I intend to add loads of free stuff to this group but if you want one to one advice join my mentour program and we can chat specifics.