Every business is connected to a network of customers, suppliers, and stakeholders, making it critical to recognise the early warning signs of financial distress. Problems rarely appear overnight. Late payments, requests for extended credit terms, declining order volumes, delivery delays, sudden staff departures, and reduced communication can all indicate that a customer or supplier is under pressure.
Failing to identify these warning signs can expose your business to cash flow issues, bad debts, supply disruptions, and operational challenges. The key is to monitor trading behaviour closely, review credit exposure regularly, and maintain open communication with key business partners.
In this session, Chris will discuss the red flags that may signal trouble within your supply chain or customer base, explain how to assess and manage these risks, and share practical strategies to protect your business. Early action can make all the difference, helping businesses minimise losses, maintain stability, and navigate uncertainty with greater confidence.