Managing financial difficulties

Being able to recognize early warning signs of financial trouble is essential for business survival. This module outlines the indicators of financial stress that entrepreneurs should look out for, as well as those commonly monitored by banks.

It also explores the potential consequences of worsening financial conditions and explains how to renegotiate loan terms with your bank or activate one of the procedures provided under the new business crisis code.

Topics include:

  • Business indicators for monitoring financial health
  • Bank-used indicators for assessing company conditions
  • Default classification: implications for entrepreneurs and banks
  • Payment suspensions, renegotiations, and debt restructuring measures
  • Formal procedures for crises

Watch the first video lecture and the animated video that summarize the main messages of this module.

See more articles in these categories:

Did you find this content useful?