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So - yeah I got bad advice re the company setup - was told I wasn’t turning over enough and was too much hassle . This was from my accountant , look at the end of the day no one owes you a living and really no one cares about your business- people will coo sympathetically with you when times are...

So - update , got a letter last sept saying isi were goin to value the house and send someone to do it , as they thought there was equity in it - reg letter , to me and my wife , she’s half owner , heard nothing until the other day , another reg letter this time saying the house is automatically...

Just a quick update for anyone who might be going through the same as I did - so I went to Jana in the IMHO , who sorted everything for me and gave me the best advice - and went bankrupt in March 2019 . 8-9 min in court, Max I’d say . Gave my paperwork to the ISI in the hallway outside, and went...

Hi guys, so after a bit of thought, I pulled the plug on my business. You guys were right and I've secured a job starting Monday week, I've someone to take over the business as a fresh start, and I'll be writing to my suppliers and creditors once I finalise his takeover of the lease this...

Yes meeting them and a pip next week for advice. Will consider all options before doing anything drastic

In terms of starting without enough capital, I agree, I started with nothing, but in 2012 no bank would even consider giving me capital. Is this a blame assignable offence? Dunno what the option would be if the bank refuses you adequate capital to start the business? Do you just say feck it I...

Thanks for the replies! I am thinking the same way myself in terms of viability. I suppose the romanticized notion of owning a business is just that, but I didn't and still don't want it to fail. I'm in a tricky position 're the wind down, we aren't holding a lot of stock(Not long enough terms...

Hi guys and gals. Lookin for some advice and guidance on best way forward for my business I'll outline my position Sole trader in business over 5 years in retail Through various different cash flow loans etc trying to make ends meet I owe around 120k to banks and 30 odd to suppliers. We have...