Business Turnaround and Growth (25 November)
Business owners may be facing difficult decisions about how to keep going during the pandemic and beyond. A period of tough trading does not have to be the end of the road and there are always options to consider for turnaround and even growth.
Turnaround: Nat Young will discuss different ways to turn businesses around, whether they are solvent or insolvent, outlining what is involved and looking at what can work in different situations.
Growth: getting investment from a third party to grow your business is another option in good times as well as bad. Michael Budd will discuss receiving investment in a company, what investors will expect from their investment, how investment transactions are structured, what to look out for and what to avoid.
Valuation: valuations are required for many reasons. Paul Barwick is finding that he is seeing an increase in the request for valuations to be undertaken, likely to be as a result of the impact of COVID-19. Paul will discuss some of these reasons, in addition to walking through some high-level valuation techniques.
After the presentation there will be a Q&A for all delegates. We encourage everybody to ask questions, however big or small they may seem. You can ask a question on the day or, submit a question in advance when booking your place.
Speakers:
Partner and Head of Company Commercial
Michael is a corporate specialist advising on a broad spectrum of matters, including acquisitions and disposals, restructurings, management buy-ins/outs, joint ventures and corporate finance. Michael has successfully assisted a range of clients from SMEs to large corporations and global businesses.
E: michael.budd@longmores.law
T: 01992 305 234
Senior Solicitor specialising in Insolvency and Dispute Resolution
Having worked for businesses in Hertfordshire for two decades, Nat Young is responsible for Longmores’ insolvency practice area. He works with insolvency practitioners, business owners and other stakeholders to advise on insolvency law and the options available for struggling businesses.
E: nat.young@longmores.law
T: 01992 305 237
Partner, Azets
Paul leads the Forensic Accounting practice for Azets in London.
Paul is a Fellow of the Institute of Chartered Accountants in England and Wales with 14 years of experience in forensic accounting, having spent over seven years in the forensic team at a top 10 UK accountancy firm and, prior to that, six years at a US forensic boutique.
Paul has been instructed as both an independent expert and expert advisor in the context of litigation on a number of occasions and has previously provided oral testimony. A significant part of Paul’s work is in relation to valuations, both of a contentious and non-contentious nature.
Date and Time
25 November 2020
11am to 11.45am
Venue
Zoom
Booking
We are co-hosting this webinar with the Hertfordshire Chamber of Commerce and it is free to register.
You will be sent joining instructions for Zoom after you have registered.
Please note, the period of suspension of the normal rules on wrongful trading (referred to in one of the audience questions) was extended again by Regulations introduced the day after this webinar was delivered, so the answer to this question is now out of date.
The content of this recording is accurate as at the date of production and is provided for information purposes only, it should not be treated as advice relating to legal, taxation, investment or any other matters. Viewers are advised to consult their own professional advisers concerning specific matters. Any action taken by viewers arising from the content of this recording is at their own risk. We neither owe nor accept any duty or responsibility or liability to viewers or any other party, whether in contract, tort (including negligence) or otherwise and shall not be liable in respect of any loss, damage or expense which is caused by viewers’ or any other party’s reliance upon the content of this recording.
