Advantages of pre pack administration

September 3rd, 2010
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There are a plethora of reasons to why pre pack administration/phoenixing can help you successfully manage and deal with a company facing administration and business bankruptcy. To give you an idea the team at Real Business Recovery, have listed the advantages to help you get the most out of your business.

•    Less disruption
When a company enters into administration it is usually the case that the business assets are divided and sold to a variety of buyers. The core business is therefore lost and the remaining assets of the company are wound up. With a phoenix company the core business is able to continue to trade without staff and customers seeing significant disruption.

•    Preserves company brand
A lot of the old company’s assets within the process of pre pack administration rely heavily upon the brand and good will of the old business. If the company goes into administration straight away then brand and goodwill could potentially be lost. With a pre pack administration scheme, the new company is able to make full use of the brand value.

•    Jobs
Team of employees can be kept together with a pre pack administration process. The scheme can minimise redundancy allowing employees to remain in their job while the company is still ongoing.

•    Trading continues
When the old company falls into administration, the new company can continue to trade to customers and suppliers. There will be outstanding debts from the old company, however these would continue to exist if the pre pack administration wasn’t in place, therefore making it the more feasible option to preserve future business with the new company than none at all.

For more information and advice on the process of pre pack administration as a way to reduce your business debts and start a new chapter, speak to the Real Business Recovery team who can arrange a free face to face visit to discuss your debt problems.

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What to compare when it comes to broadband?

August 2nd, 2010
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Hundreds of Internet Service Providers in the UK are offering fantastic deals on broadband packages for home and business broadband.
As the broadband market is getting increasingly competitive the broadband deals offered are lower in price offering fantastic features and applications to suit everyone’s Internet usage on a monthly basis.
However, many people are unsure of where to start when it comes to buying broadband and so using a comparison site like Top10.com can help you find the best deal to suit your budget.
One of the bonuses about comparison sites is their ability to filter the results to suit your needs and requirements.
Here are a few pointers to what you should be looking at when choosing a broadband provider.
Speed – This is one of the most important factors to consider. It affects what you download, how quickly it is downloaded and how fast you can access web pages etc. Consider your Internet usage and what you use it for. If you download a lot of music, films etc then you will need a bigger Internet speed.
How much can you use it? – Check the bandwidth as some providers implements limits into your contract and if you go over you could be hit with a hefty bill and your Internet connection will be slower. Check the T’s & C’s before signing up with a broadband provider.
Contract length – Most consumers oversee the contract length and fail to realise that broadband connections and deals do vary like other competitive services and products on the market. Longer contracts that are cheaper attract customers but might not necessarily be a good deal long term. Check what would happen if you wanted to switch your broadband provider and how much notice you would need to give.
Extra costs – You may have to pay for the installation of your broadband, the modem or router to enable you to connect to the Internet. It isn’t always wise to rely on old equipment and if you cannot afford to buy a modem or router opt for a contract that offers them for free with the broadband package.
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If you need broadband on the go, why not look into a broadband dongle so you can access the Internet when you are out of the office or your home. There are many different types of dongles available online through comparison sites such as Top10.com who work closely with broadband providers to offer you the best packages to suit your needs and requirements.

Posted in Broadband | Comments (0)