Tag · 4 stories
#Business Insolvencies
Economy ◆
Business insolvencies hit new high, expert says monitoring is key to survival
Local small business insolvencies hit a record high in February, with the number of companies entering external administration reaching their highest level since 1999.
Lorna Brett · 2 min
photograph
Cashflow ◆
Sharp rise in small business insolvencies as cashflow woes take a toll
The number of small businesses going bankrupt jumped almost 50 percent over the last 12 months, and poor cashflow management is being blamed for the alarming figures.
Lorna Brett · 2 min
photograph
Economy ◆
Local business continues its struggle to stand
Business failures around the world are at an all time low, but it seems local businesses aren’t enjoying this global trend.
Lucy Cormack · 2 min
Cashflow ◆
Is your bank a stakeholder or the enemy?
With insolvencies continuing to rise, SME owners and directors need to ask themselves if they’re being proactive in managing their banking relationship, both in good times and in bad.
Guest Author · 2 min