One of the most stressful events that a small business owner can face is having creditors breathing down their neck demanding payment for overdue debts, threatening to liquidate their company and even applying to a court to have their company liquidated. In this article, we provide expert advice about how to fend off the liquidation of a company and ensure a firm comes out better prepared to survive the brutal economic times that South Africa finds itself in today. We also provide the options available for a small company that is struggling to survive and having to fight off aggressive creditors.

With Fitch and Moody's downgrading South Africa’s credit rating even further and the political and economic climate becoming increasingly erratic it's perhaps unsurprising that more and more people are electing to move their money offshore. While this may seem to be a simple solution for those looking for stability it is also easy to make mistakes that could ultimately cost a lot of money and undermine the benefit of investing overseas. We take a look at five of these potential pitfalls and share some tips on how to avoid them.