Economic recovery can often bring another set of challenges which is to spot and tackle financial distress. Opening the latest Business Finance Bulletin, we look at a new guide from R3 on identifying financial distress and the options available to deal with it.
Having access to support and guidance from industry experts is always welcome. A number of credit experts have launched a support group to assist businesses with questions on how to manage credit-related problems. Could this resource help you avoid falling foul of late payment and bad debts?
Managing cashflow is a key priority for any business. To wrap up this Bulletin, we review the forthcoming launch of Tide Bank’s Cashflow Insights app which is designed to help businesses better forecast and control their cash position.