A pratical guide to business rescue for small business owners

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[ADVISOR VIEW] What exactly is business rescue, and why is it a subject of such profound significance? Tiaan Herbst from The Southern African Advisory Company [SAAC] elaborates. Moneyweb SmallBusinessOwners

Greetings, South African entrepreneurs and small business owners!

In these extraordinary times marked by the Covid-19 pandemic, the tempestuous waves of load shedding, and the shadowy depths of state capture, numerous companies find themselves navigating uncharted waters. In 2021 alone, over 400 companies courageously embarked on the journey of business rescue, seeking solace from the relentless storm.

And so, intrepid navigators, as you embark on your own entrepreneurial adventures, remember the importance of being proactive in addressing financial distress. May you sail smoothly into the horizon, steering clear of stormy seas. Until we meet again, fair winds and following seas!

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