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Cashflow concerns cause ‘sleepless nights’ for over 50% of SME owners

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Over half of small business owners admitted to having “sleepless nights” over cashflow concerns, according to a recent poll by Close Brothers Asset Finance. Additionally 59% of those surveyed said maintaining cashflow consistently is a “problem.” Cashflow fluctuates seasonally for half of UK businesses with this being particularly acute in the West Midlands, where the figure rises to 65%. Figures obtained for the research are from a Kantar research survey conducted in January 2020 and comprises the opinion of over 900 SME owners the UK and Ireland and across various industries on a range of issues.

 

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