Commercial cleaning companies will be feeling the pinch this quarter as the latest insolvency figures show yet more companies entering insolvency. The problem for the cleaning companies is that they require contracts from offices and shops for their livelihood.
A walk around town centre cannot fail to bring home to you the scale of the current recession that we are going through. Almost one in every eight shop units is now vacant on the high street with major brands going into administration each passing week. As well as the thousands of people entering the unemployment ranks it has a knock on effect on support businesses that exist to service the shops and offices.
If anybody works after hours or before the day officially starts, you may notice a band of cleaners quietly going about their business. Many of us take it for granted that our office bins are emptied and floors hovered. It does not happen by chance, but by commercial cleaning companies that rely on a strong and vibrant economy.
A look through your local directory will show a myriad of these usually small businesses. The closure of a business will have a big effect on a small business that may rely heavily on that one contract.
So it is that I am noticing a small rise in the numbers of these type of businesses that are having to cease to trade, from the sole trader or partnership through to smaller limited companies.
Many of these can simply stop work and try to find alternative employment, for others who may have borrowings and am more complicated a structure a formal solution will be required.
Whatever the size of the problem of you are any business in financial difficulty make sure that you take professional free advice as early as possible.
Information provided by Steve Thatcher of Help With Debt (UK) Limited and total debt solutions company. For all further reading see http://www.helpwithdebtuk.com
For personal contact email sthatcher@helpwithdebtuk.com
For Steve's thoughts see http://steves-debt.blogspot.com
If you have any debt problem whatsoever either personal or corporate make Steve your first call all advice is free. Finally if in the UK and you need a friend to speak to call 01162171406
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