-
Michael, I admire the proactive approach to staff welfare in such a difficult situation. At this stage, financial decisions shift from growth to stewardship and fulfilling outstanding obligations. The board needs a clear picture of what is owed to staff, creditors, and others, along with any remaining reporting requirements. Having a proper plan for the organisation’s remaining assets is equally important. It is a difficult moment, but careful planning can help ensure the closure is handled with the same dignity as the organisation’s service.