Will the euro fall victim to wait-and-see ECB?
How big are the cracks in Europe's economic recovery? The Ifo figures, which give a picture of German business confidence in the economy, will partly answer that question next Monday. The euro has firmly started its slide.
(Re)financing in 6 steps
Previously, when applying for a loan, the entrepreneur went to the house bank with his latest annual report, and often accompanied by his accountant. After a few weeks, the entrepreneur received a contract for signature or, in the most negative case, a rejection. There were not many alternatives. However, the Dutch financing landscape is becoming increasingly diverse. From four major banks and a lost leasing company at the beginning of this century, to more than 100 providers -large and small- today. And new providers are still entering the market almost every week. What a (re)financing process looks like at Xolv Finance is explained by Fred Soers in this article.
Credit information: know your customer
Taking risks is part of being an entrepreneur. To make an informed choice about which risks you will or will not accept, up-to-date business information is important. What is the financial situation of your (future) customer or supplier? What is its creditworthiness like? Last year went well according to the public financial statements, but what does that say about the future? In this article, we discuss the importance of having up-to-date data for assessing the risks of your customers or suppliers.
Be prepared for the end of COVID-19 support
Most of the cororama support measures have recently ended or will end in early October. In this article, we take a look to the future. What should you look out for when repaying support measures and what can you do to keep a grip on your liquidity?
Tips for minimising risk in prepayments
Recently, there has been a shift in supplier payment options. Due to scarcity and competition, suppliers are increasingly demanding advance payment for raw materials and products. Often, they also ask for higher percentages of the total amount to be paid in advance than before. Sometimes, they even want the full amount in advance. In this article, Menanynke Hulshof-Schippers explains the risks this poses for you and gives tips on how to minimise these risks.
Be prepared for the end of COVID-19 support
Most of the cororama support measures have recently ended or will end in early October. In this article, we take a look to the future. What should you look out for when repaying support measures and what can you do to keep a grip on your liquidity?
'See digitisation as an opportunity, not a threat'
We spoke to Ronald van Groningen, credit manager at TotalEnergies, about his views on credit management. Within TotalEnergies Marketing Netherlands, Ronald is responsible for the Credit Control department where, together with his colleagues, he takes care of accounts receivable management, from customer origination and credit check to follow-up calls. We asked him what challenges and developments he sees within his field in the near future.
'See digitisation as an opportunity, not a threat'
We spoke to Ronald van Groningen, credit manager at TotalEnergies, about his views on credit management. Within TotalEnergies Marketing Netherlands, Ronald is responsible for the Credit Control department where, together with his colleagues, he takes care of accounts receivable management, from customer origination and credit check to follow-up calls. We asked him what challenges and developments he sees within his field in the near future.
The future seems unpredictable
The past few years have been marked by quite a few far-reaching events, with COVID-19 in particular having a huge impact on our lives. Also, between corona, we still had to deal with the Brexit and the social unrest that prevailed in America due to Biden's election win. In this article, we look back at the past few years and look at what all awaits us in the coming years, economically speaking.
The future seems unpredictable
The past few years have been marked by quite a few far-reaching events, with COVID-19 in particular having a huge impact on our lives. Also, between corona, we still had to deal with the Brexit and the social unrest that prevailed in America due to Biden's election win. In this article, we look back at the past few years and look at what all awaits us in the coming years, economically speaking.