Episodes
Thursday Aug 20, 2020
Is your SME a zombie company that is just surviving on payouts?
Thursday Aug 20, 2020
Thursday Aug 20, 2020
A report by Euler Hermes refers to the government supporting businesses with cash as creating an insolvency time bomb, as this creates businesses that are just relying on government payouts during this time. They are known as "zombie companies".
RIABU's Simon Littlewood and Mark Laudi talk about taking a hard look at your company to figure out if it's a zombie company.
The report by Euler Hermes can be found here: https://www.eulerhermes.com/en_global/APAC/apac-economic-research/Calm-before-the-storm-Covid19-and-the-business-insolvency-time-bomb.html
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