A CVA can stop creditor pressure, turn around the business and give directors control once again. The insolvency practitioner will advise the company and draft the CVA proposal which will be put to creditors for a decision. The resulting deal will usually pay back a percentage of the debt owed over a period of time, …
Day: May 10, 2023
How To Make Business Negotiations
Know The Bottom Line When you enter the negotiation process, it’s important to know your own bottom line. This is not the same as your objective, which is what you would ideally like to achieve from the discussion; instead, it is the minimum that you are willing to accept. You can then measure your potential …