We often see a spike in insolvencies in May and June, as that is when invoices due can no longer be paid. Do they succeed? Then the problems are often not over after the summer. The holiday period follows, causing sales to drop or even disappear altogether. Think of summer closures and construction holidays. Fixed costs do continue, of course. This traditionally creates liquidity pressure in September and October. If buyers are temporarily unable to pay, the advice is to make clear agreements and confirm them in writing. Do you have credit insurance? Then definitely take into account the deadline for initiating collection proceedings!
