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Thread: So I hear business is picking up, those green shoots ... But ...

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    Default So I hear business is picking up, those green shoots ... But ...

    Hi Guys,

    From the ground & as a one man SME I have heard recently from some clients that business is up this year, more work coming in .. green shoots at last, yippee

    So heres the BUT:

    In all cases they said more work and business coming in BUT it is impossible to get paid for that work. So plenty of work .. for free?

    Credit being pushed way way out - each week / month that passes where you are not getting paid lowers the value of any profit from that job? Plus ( as is in my case ) supplier credit has dried up in alot of areas ( not because I am a bad mark ) - suppliers / distributers have been stung by others so COD. Hence any product you buy for client is, cost wise, crippling your cash flow on two fronts. You have paid for the product but the customer isnt paying you for ages for this product. In effect alot of SMEs are becoming Banks for their client base.

    If we are all getting more work but not getting paid or credit is way out there - are we in fact being busy fools? You would have to ask whats the point of being busy with work but then not getting paid for same?

    Add to all this Revenue Tax payments, Rents, Rates, Utility costs which one cannot put off regardless of cash flow.

    So the green shoots tell part of a story that might be true in that business is picking up but the part not told is we are not getting paid for this new extra business. Those shoots are not so green are they?

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    Politics.ie Member greengoose2's Avatar
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    Quote Originally Posted by robut View Post
    Hi Guys,

    From the ground & as a one man SME I have heard recently from some clients that business is up this year, more work coming in .. green shoots at last, yippee

    So heres the BUT:

    In all cases they said more work and business coming in BUT it is impossible to get paid for that work. So plenty of work .. for free?

    Credit being pushed way way out - each week / month that passes where you are not getting paid lowers the value of any profit from that job? Plus ( as is in my case ) supplier credit has dried up in alot of areas ( not because I am a bad mark ) - suppliers / distributers have been stung by others so COD. Hence any product you buy for client is, cost wise, crippling your cash flow on two fronts. You have paid for the product but the customer isnt paying you for ages for this product. In effect alot of SMEs are becoming Banks for their client base.

    If we are all getting more work but not getting paid or credit is way out there - are we in fact being busy fools? You would have to ask whats the point of being busy with work but then not getting paid for same?

    Add to all this Revenue Tax payments, Rents, Rates, Utility costs which one cannot put off regardless of cash flow.

    So the green shoots tell part of a story that might be true in that business is picking up but the part not told is we are not getting paid for this new extra business. Those shoots are not so green are they?
    The green shoots of weeds!

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    Same sort of thing as those who utter stuff like "Ah Shur, last Saturday I was in town, the shops were packed".

    Footfall is all fine, packed shops is all fine but how many of these people in these shops are actually buying anything? And if they areb how much are they spending? more possible fact we hear little about ..

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    Politics.ie Member seismic change's Avatar
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    Get over it, we have turned a corner and the light is shining brightly.

    The Great Enda Kenny and Fine Gael haves rescued Ireland and the doom porn mongers cant understand how their doom porn has gone so wrong.

    My suggestion is you all move to Greece and you can have your doom porn and keyboard revolution.

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    Politics.ie Member richie268's Avatar
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    Quote Originally Posted by robut View Post
    Hi Guys,

    From the ground & as a one man SME I have heard recently from some clients that business is up this year, more work coming in .. green shoots at last, yippee

    So heres the BUT:

    In all cases they said more work and business coming in BUT it is impossible to get paid for that work. So plenty of work .. for free?

    Credit being pushed way way out - each week / month that passes where you are not getting paid lowers the value of any profit from that job? Plus ( as is in my case ) supplier credit has dried up in alot of areas ( not because I am a bad mark ) - suppliers / distributers have been stung by others so COD. Hence any product you buy for client is, cost wise, crippling your cash flow on two fronts. You have paid for the product but the customer isnt paying you for ages for this product. In effect alot of SMEs are becoming Banks for their client base.

    If we are all getting more work but not getting paid or credit is way out there - are we in fact being busy fools? You would have to ask whats the point of being busy with work but then not getting paid for same?

    Add to all this Revenue Tax payments, Rents, Rates, Utility costs which one cannot put off regardless of cash flow.

    So the green shoots tell part of a story that might be true in that business is picking up but the part not told is we are not getting paid for this new extra business. Those shoots are not so green are they?
    No need to be long winded.
    Supply and demand.

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    Politics.ie Member dizillusioned's Avatar
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    Quote Originally Posted by seismic change View Post
    Get over it, we have turned a corner and the light is shining brightly.

    The Great Enda Kenny and Fine Gael haves rescued Ireland and the doom porn mongers cant understand how their doom porn has gone so wrong.

    My suggestion is you all move to Greece and you can have your doom porn and keyboard revolution.
    Says the FG hack keyboard warrior. Has mummy made the tea for you yet?

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    Politics.ie Member ruserious's Avatar
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    Quote Originally Posted by seismic change View Post
    Get over it, we have turned a corner and the light is shining brightly.

    The Great Enda Kenny and Fine Gael haves rescued Ireland and the doom porn mongers cant understand how their doom porn has gone so wrong.

    My suggestion is you all move to Greece and you can have your doom porn and keyboard revolution.
    Welcome back Joe.
    Boycott the "Irish" Sun rag.

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    Politics.ie Member Dublin 4's Avatar
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    Quote Originally Posted by seismic change View Post
    My suggestion is you all move to Greece and you can have your doom porn and keyboard revolution.
    Loon...

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    Quote Originally Posted by seismic change View Post
    Get over it, we have turned a corner and the light is shining brightly.

    The Great Enda Kenny and Fine Gael haves rescued Ireland and the doom porn mongers cant understand how their doom porn has gone so wrong.

    My suggestion is you all move to Greece and you can have your doom porn and keyboard revolution.
    What doom porn have i mentioned above? I am in business along tiime, I tend toward pragmatism and do not get involved in doom porn, I tell it like I hear and see on the ground - far more reliable than media / political spin.

    If you believe in shiney bright lights then good for you but no such shiney lights on the ground where I work.

    Does Seismic Change run his/her own business and/or depend on one for their living??

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    Quote Originally Posted by richie268 View Post
    No need to be long winded.
    Supply and demand.
    Whats supply and demand got to do with this? I did not mention that myself or any clients had a product/service that was not selling. Read the OP, it says business is up but not getting paid for same .. nothing to do with supply and demand.

    Is your idea of supply and demand - Supply Supply Supply but dont bother paying for it. Now thats a great business model you have.

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