There are different positions within a business, and depending where you sit, will depend on the warning signals you need to look out for. In the third part of our series, we highlight areas where a shareholder should be looking out.
The basic fiduciary duty of the directors is to inform the members at all appropriate times as to the company’s performance. However, few directors realise that when a business becomes insolvent, then the duty of care shifts from a duty to act on behalf of the shareholders to the body of creditors as a whole.
If you are private investor you should take advice from the "Business Casflow Expert" Rupen Shah. For more details go to http://uk.linkedin.com/in/rupenmshah
