About to get into debt, what can I do?

mickeybok

I have been in business for 6 years now, its been up and down every year with my best year being in 2008. At the end of 2008 my work dried up and apart from a few dribs and drabs I have pretty much been living off my 2008 earnings for the past 18 months. I recently paid a lot of money to have my web site revamped in a bid to drum up some work and I put the bill on my credit card, 0% for 12 months. I have just started to use my overdraft but I have calculated that if I get no more work I will have maxed by the end of May. I am having sleepless nights as I have never been in this situation before and with a mortgage and 2 young kids it is very worrying. I have been looking for a job but we all know the situation out there. My problems seem to have begun the day the credit crunch was announced. I believe that I have made every effort to find work and that I am a victim of the recession, Martin says that you should not panic in these situations and I know that you can make some rash decisions when you are in it, as I think I did by getting my new web site when I couldn’t really afford it, does anyone have any advice on what I could or should do? Thanks.

dancingfairy

Isn't there a helpline for busness - national business helpline or something - one that's done by the government to help people in small busnesses struggling - to give help and ideas?
Also you could try posting on the small businesses board on here?
http://forums.moneysavingexpert.com/forumdisplay.html?f=27
df
Edit: Found this info on National Debtline's webpage:
Business Debtline
Tel: 0800 197 6026
www.bdl.org.uk