Category
Funding and Investment
Target group
Start-ups
Scale-ups
Source
Private Organisation
Tool available to SMEs from
European Union
Languages
EN
ES
Price
Free
Short description
How to deal with financial distress and insolvency, recurrent risks for small businesses.
Technical requirements
This paper outlines some of the main insolvency risks and challenges faced by small and medium-sized enterprises (SMEs). We highlight the role that professional accountants can play in managing and preparing for the risks, identifying red flags to better advise their SME clients. It also includes two checklists to support the accountant in their work to mitigate their clients’ insolvency risks.
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