Why You Would Liquidate Your Company

In today’s shaky Irish economy it is becoming far more common for a company to experience financial difficulties. It is the nature of running a business to have a need find ways to generate more funds. The traditional route for companies has always been to apply for funding from their banks. However, with the ongoing credit crisis in Ireland showing no signs of a let-up, the current problems within the banking institutions, and the downturn of traditional demand for services and products, a lot of Irish companies are finding they can’t keep up with servicing their business debts to the banks, and to their creditors.