Sunday, August 7, 2011

Cost & credit problems forcing SMEs to ‘raid the family silver’

Rising business costs are adversely impacting the private lives and personal finances of many SME owners, so says a new study by Make It Cheaper and the Centre for Economic and Business Research (Cebr).

The research reveals nearly half of small businesses (47%) have had no choice but to inject additional cash into their company from personal sources within the last year.

Jonathan Elliott, MD

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