If you feel your problems go beyond those that you can deal with on your own, your first port of call should be your accountant. With existing knowledge of your business and its operations, they are likely to be able to give you useful advice.
Depending on your situation, your accountant may refer you to an insolvency practitioner for more specialist advice. Don’t be scared of this. While insolvency practitioners do liquidate companies, they are also highly experienced in helping turn around those businesses experiencing financial difficulties.
From negotiating payment terms with creditors, looking at injecting capital into the business, or restructuring elements of the company, the expert guidance an insolvency practitioner can bring could make all the difference when it comes to the future viability of your company.