Rise in bankruptcies reflected in demand for financial counselling for entrepreneurs
- News
The number of bankruptcies and business closures has risen, and this is also evident in the Yrittäjän talousapu counselling service, which provides financial advice to entrepreneurs. Nearly 1,500 contacts were made during the early months of the year.
The number of bankruptcies surged at the beginning of the year, reaching a record high for the 21st century. The challenging economic situation is also reflected in Yrittäjän talousapu counselling service.
– By the end of April, almost 1,500 contacts had already been made to the Yrittäjän talousapu counselling service. Entrepreneurs are now asking more than usual business closure, bankruptcy, debt restructuring, and company reorganisation. Ideally, help should be sought as early as possible to turn the company’s finances around. On the other hand, there is no point in holding on to an unprofitable business if there are no signs of improvement in the near future, says Development Manager Jari Leskinen.
Yrittäjän talousapu offers free and confidential advice to entrepreneurs
Entrepreneurs can receive free and confidential telephone advice from the Yrittäjän talousapu counselling service on financial and payment difficulties or, for example, improving business profitability. In most cases, phone counselling is sufficient.
If you need further support, the counselling service can refer you to the most appropriate service for your needs.In some regions in Finland, the regional support services of Yrittäjän talousapu counselling offer the possibility of face-to-face counselling.
The Yrittäjän talousapu counselling service is coordinated by the KEHA Centre and developed as part of the European Early Warning model.
You can contact the Yrittäjän talousapu counselling service on weekdays between 9 am and 3 pm at 0295 024 880 (local/mobile call rates apply).