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Insolvency

Accounts receivable accounting for SMEs: 10 tips for optimisation

Accounts receivable is critical for small businesses, as it not only affects the financial health of the company, but also significantly shapes relationships with customers and partners. In a world where liquidity often makes the difference between a thriving business and insolvency, it is essential to implement effective accounts receivable management. This accounting discipline encompasses all processes relating to the management of trade receivables - [...]

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Photo gmbh managing director liability

GmbH managing director liability: What you should know about your responsibility

The liability of GmbH managing directors is a topic of great importance. As the managing director of a GmbH, you bear a great deal of responsibility and are entrusted with numerous tasks. It is important to be aware of the various liability risks and to take appropriate measures to minimise them. In this blog post, we will look at the role of the managing director in the GmbH, the various liability risks and possible protective measures. Key takeaways Managing directors are personally liable for

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