Tag: Managing Creditors

When you go into business, you’re also taking on a certain level of risk – and none more so than when you extend credit to new customers. In an uncertain economic climate, small business owners are acutely aware that each day they are waiting for their invoices to get paid is another day money isn’t coming through the door.

Local small business insolvencies hit a record high in February, with the number of companies entering external administration reaching their highest level since 1999.