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Concerns Amid Silent Slowdown For Small To Medium Sized Businesses

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Manage episode 503942144 series 1158137
Content provided by Clare FM. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Clare FM or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Ireland’s small and medium-sized businesses are facing what some are calling a “silent slowdown,” with serious implications for jobs and the wider economy. According to one of the country’s leading accountants, Neil Hughes of Azets Ireland, many SMEs have already burned through their cash reserves and goodwill from suppliers—and are now teetering on the edge of a crisis not seen since 2012. Unemployment has already crept up from 3.9% to 4.9%, and the warning signs are flashing red for thousands of businesses across the country. To get a sense of how this is playing out on the ground and what can be done to support Irish SMEs, Sally-Ann Barrett was joined by Jean McCabe, Clare-based CEO of Retail Excellence Ireland, and owner of Willow and David Broderick, Director of the Small Firms Association.
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16813 episodes

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Manage episode 503942144 series 1158137
Content provided by Clare FM. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Clare FM or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Ireland’s small and medium-sized businesses are facing what some are calling a “silent slowdown,” with serious implications for jobs and the wider economy. According to one of the country’s leading accountants, Neil Hughes of Azets Ireland, many SMEs have already burned through their cash reserves and goodwill from suppliers—and are now teetering on the edge of a crisis not seen since 2012. Unemployment has already crept up from 3.9% to 4.9%, and the warning signs are flashing red for thousands of businesses across the country. To get a sense of how this is playing out on the ground and what can be done to support Irish SMEs, Sally-Ann Barrett was joined by Jean McCabe, Clare-based CEO of Retail Excellence Ireland, and owner of Willow and David Broderick, Director of the Small Firms Association.
  continue reading

16813 episodes

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