Borrowing money can’t solve SMEs’ cashflow problems anymore, but operational efficiencies can

The US interest rate received its highest increase since 1994 because the country's inflation reached a level not seen in the last 40 years. All these statistics are making headlines, but how does it impact SMEs? It means that economic conditions are deteriorating and the cost of doing business may increase further which may increase pressure on their margins.

 

In this podcast, RIABU’s Simon Littlewood and Mark Laudi discuss how SMEs can navigate the turbulent times ahead by giving particular attention to receivables and thereby increasing the cash cushion. Read more about this topic here.