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#SMEs

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So after decades of complaints from small firms that large firms payment conditions (and delays) essentially mean small firms are lending their large customers money, Labour looks about to announce a requirement that firms of over 250 employees publish annual data on the time it takes to pay their suppliers, with the hope that boards & audit committees will then exert pressure for improvement...

Well, it could work, but not sure if the boards will be that interested?

#business #SMEs
h/t FT

Breaking Barriers: powering small business growth in the European Union [Promoted content]: The transformative power of #digitalcommerce in the European Union isn't just about numbers -- it's about businesses seizing real opportunities. During my recent trip to the EU, I was struck by the success stories of EU small- and medium-sized enterprises (#SMEs) benefiting from the #EUSingleMarket. euractiv.com/section/economy-j

Breaking Barriers: powering small business growth in the European Union [Promoted content]: The transformative power of #digitalcommerce in the European Union isn't just about numbers -- it's about businesses seizing real opportunities. During my recent trip to the EU, I was struck by the success stories of EU small- and medium-sized enterprises (#SMEs) benefiting from the #EUSingleMarket. euractiv.com/section/economy-j

Record number of Finnish businesses shut down in 2024

One explanation behind some of the nearly 44,000 closures may have been changes to the EU's VAT policy for SMEs, according to Statistics Finland.

yle.fi/a/74-20157702

News · Record number of Finnish businesses shut down in 2024One explanation behind some of the nearly 44,000 closures may have been changes to the EU's VAT policy for SMEs, according to Statistics Finland.
#EU#VATpolicy#SMEs