News Formal

8 in 10 small business owners hit by cash crunch

  • 📰 SBRMagazine
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 51%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

pstrongTo keep business their afloat, some owners use their personal savings./strong/p pSmall business owners resort to using personal savings, increasing their prices, and not paying themselves to cope with rising costs and make a profit, according to a report by Xero.

Small business owners resort to using personal savings, increasing their prices, and not paying themselves to cope with rising costs and make a profit, according to a report by Xero.

In the past 12 months, 83% of small businesses have experienced cash flow issues, affecting their ability to grow, hire new staff, and invest.Due to late payments, 27% of businesses had to pay their bills, whilst 41% needed to negotiate payment terms with suppliers, and 30% experienced stalled revenue.

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 13. in SE
 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Automaker Volvo Cars posts a rise in third quarter operating earningsSTOCKHOLM : Sweden-based automaker Volvo Cars reported a rise in third-quarter operating earnings on Thursday driven by strong volumes and lower costs for semiconductors and raw materials.Volvo Cars, majority-owned by China's Geely Holding, said operating income rose to 4.5 billion Swedish crowns ($402.
Källa: ChannelNewsAsia - 🏆 6. / 66 Läs mer »