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Selling your business in a downturn

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Those of you who live by satnav might smile at the heading. It’s one of the great lines the device keeps saying (perhaps followed by “turn round whenever possible”). And it is on that subject, negotiating your exit from your business, that this article is based. It comes by general request so it seems that, in these challenging times, business owne...

Submitted by Dennis Lennie

Published 01 November 2009

From little acorns....

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So what do we do? We have done little for television – our market place is much more modest. Parafotos has its origins in the early sixties when I started filming free fall parachuting– having to cope with a Bolex H16 strapped to the side of my helmet during the opening of the parachute was an interesting experience which no doubt accounted for an...

Submitted by Dennis Lennie

Published 01 May 2009

Lender of the last resort or good use of your assets

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Recently several people have asked me why companies use factoring or invoice discounting as a way of dealing with debtors. “Are they in trouble?” and “Is it the last straw before throwing in the towel?” were the most common questions. So I thought I would talk you through these types of sales finance, dispelling a few myths by explaining when they...

Submitted by Dennis Lennie

Published 01 June 2008