Bankruptcy figures give cold sharp shock
A total of 305 bankruptcy petitions were filed in June. The numbers of bankruptcies remain high. Statistics Finland says that…
YRITTÄJÄ, tule mukaan omiesi pariin! Liity Yrittäjiin.
Woman business owner numbers in Finland dropping
An owner of an events business is planning to put her company on ice as soon as she finds a…
Survey: 1 in 5 SMEs in poor financial state
The bigger a company, the better its finances are, the Yrittäjägallup survey shows. The recent Yrittäjägallup survey shows that the…
Market Court rules against payment term of over 30 days in roadwork subcontracting
“Treating small machinery contracting companies as banks by extending payment terms is a breach of the Payment Term Act,” says…
Over 60% of business owners waiting longer than statutory period for invoices to be paid
Industry and construction businesses particularly suffer from their business partners’ long payment terms. “The way it’s done in Finland is…
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…
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.