An improvement in economic conditions can lead to expansionary pressures on businesses, thus giving rise to cash-flow issues and increased dependency on banking facilities.
We have advised numerous wholesale and retail clients in relation to improving their cash-flow management, delivering positive results. We have also successfully assisted clients on renegotiating their banking facilities on more favourable terms, allowing them to grow positively as the market rises.
UHY FDW has a dedicated team with vast experience in this sector, servicing an entire range of businesses from the small retailer to the large multiples.
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There is about 37,400 retail and wholesale businesses in Ireland and the whole sector employs almost 300,000 workers
The sector generates the largest contribution to the Irish exchequer of circa €7 bn annually
Over 210 retailers are approved to receive €9.3m in grants in the latest round of the Online Retail Scheme