A company that is placed into Voluntary Administration does not necessarily mean that is it the end of the company or business. Advantages of placing a company into Voluntary Administration include: It gives statutory protection from legal action; Allows the director time to refocus and improve the business; The administration can improve the profitability of the company; It permits negotiation with company creditors; Stops insolvent trading; The company can continue to operate and trade; The director avoids personal liability.