Tags: simon littlewood
How to get out of contracts you can no longer afford
The Singapore government is making it easier for companies to extricate themselves from certain contracts in order to survive in these COVID times. But how do you even go about talking to suppliers about unwinding contracts? What should you do if a supplier asks you for the same leeway?
How do you talk to your customers if your company is winding down?
The Singapore government has passed a law which will make it easier for zombie companies to wind down. RIABU’s Simon Littlewood tells Mark Laudi how companies that are ready to wind up can prepare to do so, and how they should approach their customers when they are in such a situation.
Australia’s government to speed up payments, but will this solve late payments to SMEs?
The government in New South Wales will pay their suppliers in five days, down from 20 days. They are stepping up to plug the cash flow gap, but does it help late payments to SMEs?