Accelerating insolvency trends are observed within the small business economy, specifically involving Subchapter V bankruptcy procedures.
1 report, 1 independent
Updated Aug 10
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Accelerating insolvency trends are observed within the small business economy, specifically involving Subchapter V bankruptcy procedures.
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Small businesses, including restaurant owners, are facing viability threats due to rising operational costs driven by inflation and factors like drought.Also in this story
- Local food businesses, including food trucks and catering companies, are struggling due to rising input costs and relying on local farms.
- Consumer spending habits are affecting high street viability, leading to high costs for small businesses in Edinburgh.