Fashion retailer Select set to collapse into administration

Select’s £15.5m losses in the 18 months to December come at a time when high street retailers face rising costs and falling sales. Photograph: Dinendra Haria/Rex/Shutterstock The fashion retailer Select is set to collapse into administration on Wednesday, putting 2,000 jobs at risk. The loss-making fashion chain, which has 180 stores, has been struggling for several years and its expected failure comes just a year after it resorted to a company voluntary arrangement, a form of insolvency, to cut its rent bill in order to stay in business. Quantuma, the…

Read More

Top 3 Benefits of Hiring an Accountant for Your Business

Business owners are being pampered by the wealth of solutions and accounting software designed specifically for small businesses. These suites are not only easy to use but are also easy to integrate with other business solutions and existing operational workflows. Still, there are times when using accounting software isn’t enough. More importantly, there are still so many benefits from having a professional accountant doing your business finances. We are going to take a look at the top three benefits in this article. Personalized Approach Not all businesses are the same,…

Read More