JAMES FENNESSEY says SMEs should prepare for a likely downturn in the economy Scottish SMEs have six months in which to prepare for the looming recession and build resilience or be increasingly exposed to the risks of soaring inflation, rising interest rates and contracting demand. The Bank of England has warned that the UK will fall into […]
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Don’t let your working capital run low
Businesses need to take steps to protect themselves from failure resulting from a lack of working capital, writes JAMES FENNESSEY Companies responding to the recovery will understandably chase opportunities to win new business, but they could be facing an unexpected and growing problem – becoming over-stretched and ultimately insolvent because the money coming in is […]