Poor Trading Conditions
Many businesses are suffering because of the current poor trading conditions which are damaging their profitability. As a business owner, this is likely to cause you some concern.
There may be a range of reasons why sales are down. It may be the simple fact that consumers are not spending money like they used to – as many people are tightening their belts.
These poor trading conditions might be teamed with the fact that your invoices are not being paid, you have large bills or you have increased overheads to meet.
Whatever the reasons for decreased profitability, it may mean that your business finances are in a mess, with mounting debts spiralling out of control.