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Customers who pay late are a problem for virtually every company. RIABU’s Simon Littlewood and Mark Laudi discuss what you can do to be first in line to get paid. Credible, authoritative, authentic. This podcast is all about VALUE.
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Friday May 08, 2020
Friday May 08, 2020
RIABU’s Mark Laudi and Simon Littlewood discuss a recent survey of 4000 US businesses showing that a majority have less than 2 months cash reserve, and that many are either unwilling or unable to access federal support.
Many may go under without further help, 3% already have, and unemployment is likely to soar.
What can US SMEs do to generate the cash they need to survive? How does the US situation compare with other countries dealing with COVID-19, including Singapore whose efforts have been much lauded? What lessons can business leaders everywhere learn?