Skip to content
RecTalk home

Navigating Business Insolvency, Rescue and Recovery with Chris Worden

1 hr 8 minWatch on YouTube (opens in a new tab)

About this episode

Nitin speaks with Chris Worden, founder of Director First, about navigating business insolvency and rescue options for struggling companies. The episode explores strategies for business owners facing financial distress, including rescue alternatives before considering insolvency, common pitfalls to avoid, and how to protect yourself during financial uncertainty.

Chris shares insights on Bounce Back Loans, Recovery Loans and Covid Loans, with particular relevance to recruitment agency owners and entrepreneurs. The conversation covers what to do if your business is struggling financially, directors' legal obligations, and how to approach business rescue or exit correctly.

Key takeaways

  • Learn rescue options available to struggling businesses before considering insolvency.
  • Understand the truth about Bounce Back Loans, Recovery Loans and Covid Loans.
  • Discover common mistakes business owners make during financial distress and how to avoid them.
  • Explore how to protect yourself and your business when facing financial challenges.

Keep watching

Related episodes

All episodes

Be a guest

Think you should be on RecTalk?

If you've built, led or changed something in recruitment, we want to hear the unfiltered version.

Apply to be a guestSubscribe on YouTube (opens in a new tab)