John Bell, director and founder of Clarke Bell, reflects on the impact that reduced government support will have on struggling businesses over the months ahead and shares some advice on how companies can best navigate these financial challenges
The next few weeks and months are going to be financially challenging as we tackle the aftermath of the pandemic. For the last 18 months, many businesses, large and small, across many different sectors have been struggling and have been able to rely on generous government packages to survive. However, that government support is set to be reduced and will tail off altogether in time. Those companies with cashflow problems and unmanageable business debts will have to face som…
Read the full article at: https://www.openaccessgovernment.org/business-owners-financial-challenges-post-covid/115956/
