Businesses at risk due to consumer debt levels

February 2005
Credit Control;2005, Vol. 26 Issue 2, p48
Trade Publication
This article reports that businesses are at risk due to consumer debt levels. All businesses operating in the consumer sector should streamline their sales ledger activity, or risk long term cash flow problems due to increasing rates of individual insolvency. Business Services Firm Oriel Business Services has warned, adding that they need to address bad debts sooner rather than later to avoid becoming victims of insolvency themselves.


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