08 December 2022
After another month of grim reading in terms of national insolvency figures, many firms will be acutely aware that as the economic situation deteriorates further they could be next. Lynne Darcey Quigley, Founder and CEO of Know-it, discusses how firms can mitigate risk, and avoid becoming a statistic in the months ahead.
Amidst the current economic turmoil, company insolvency figures continue to reflect the lay of the land for British businesses. Despite the bad news, there are steps business owners can take to ensure they do not fall victim to the threatening financial climate.
The number of company insolvencies in England and Wales in October were 38% higher than October 2021 and 32% higher…
Read the full article at: https://www.consultancy.uk/news/32996/cashflow-is-king-to-avoid-becoming-an-insolvency-statistic