Amount of new business loans doubles
An economist at Suomen Yrittäjät, the Finnish SME association, says the trend should be maintained. Finnish banks granted new business…
YRITTÄJÄ, tule mukaan omiesi pariin! Liity Yrittäjiin.
3,600 bankruptcy applications last year
Smaller businesses are facing the threat of bankruptcy more than before. Statistics Finland published its most recent bankruptcy statistics on…
Consumer confidence down, business confidence slowly rising
The cycle of weak confidence is hampering economic growth. Consumer confidence weakened slightly in February. The consumer confidence indicator, published…
Small handicrafts shop charges fee for “just looking”
The handicrafts shop Taitajapuoti Terttu charges a €5 entry fee. Customers have also paid the “just-looking” fee in the online…
SMEs’ financial situation stagnant during autumn
The Yrittäjägallup survey also shows that SMEs’ future outlooks have not improved.
Fewer late paying companies, but no increase in bankruptcies yet
A recent survey about late payments casts light on businesses’ finances in Q3 2024. According to a late payment survey…
Survey: SMEs’ finances weaker
The recent Yrittäjägallup survey shows that businesses’ financial standing is still weak. Among SMEs, 45% say their situation is good.…
Entrepreneurship in Finland
There are 455,265 companies in Finland (Statistics Finland, Suomen Yritysrekisteri 2023), excluding agriculture, forestry and fishing. They employ 1.46 million…
Financial management
Whatever sector your business operates in, financial management is essential to run it successfully. As a bare minimum, that means…
Financial difficulties
A business often starts to face financial difficulties gradually. For example, your cash flow can suffer from reduced orders or…