Good economic situation does not eliminate financial difficulties of entrepreneurs

From January 2018 to the end of September 2018, 15% more entrepreneurs filed for bankruptcy or were restructured compared to the previous year. Good economic situation has a positive impact on entrepreneurs, but it does not eliminate their financial difficulties. At the moment, a growing barrier to the development of companies is constituted by rising salaries and labour costs, as well as staff shortages.

It is predicted that the number of bankruptcies may increase due to the upcoming slowdown. Recently, the transport industry has seen an increase in bankruptcies, reflecting the current economic situation. This industry is the first to experience both an improvement and a deterioration of the market situation.

Source: https://www.rp.pl/Biznes/309309928-Upadlosci-coraz-wiecej.html