Small and medium sized businesses will need to adjust their profit expectations in order to ensure the viability and continued growth of the sector, a new analysis has suggested.
Publishing its latest SME Monitor, the Banking and Payments Federation Ireland also said that more strategic Government supports for small and medium sized firms will be required.
"In addition, almost 58,000 businesses availing of the Revenue Commissioners' debt warehousing scheme will need to commence repaying their debt from 1 May 2024."
Business Banking And Payments Federation Ireland SME
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