SME NewsCredit Crunch Advice For Small Businesses
New set of tools designed to give SMEs advice on how to manage credit effectively in recession.
With no end to the credit crunch in sight small businesses are beginning to feel the knock-on effects when it comes to funding. It’s therefore timely that the Institute of Credit Management (ICM) and the Department for Business, Enterprise and Regulatory Reform (BERR) have launched a series of credit best practice tools for SMEs.
Free to download from the ICM site is a ‘Combating the Crunch’ leaflet which highlights four key tips for credit management within smaller businesses.
The leaflet is launched in conjunction with a new web portal www.creditmanagement.org.uk designed to provide relevant information to credit management practitioners in businesses large and small.
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