Construction and construction related companies are experiencing longer delays in receiving payment for invoices with building finishing contractors hit hardest; followed by architectural and engineering firms; foundation, structure and building exterior contractors and finally, building equipment contractors. Continue reading.
Most small to medium, and otherwise profitable, businesses falter at the point of expansion because they lack the requisite understanding of cash conversion cycles and find themselves unable to weather a call on their own obligations. Continue reading.
Small businesses often have trouble effectively managing resources because typically there are fewer people involved, and less cash flow, and with startups the money that is coming in is not always consistent. Continue reading.