HKGCC Seminar: Debt Collection Tactics amidst Market Change

In recent years, small and medium-sized enterprises (SMEs) have faced challenges due to restructuring in the global industrial chain, resulting in an increasingly unpredictable market. Externally, SMEs are confronted with risks such as trade protectionism in various countries, geopolitical conflicts, currency exchange rate fluctuations, and rising tariffs imposed by the United States. Internally, they experience issues such as the loss and transfer of labor and talent, changes in trading partners, and operational uncertainties. Many SMEs frequently report difficulties in acquiring new business, allocating suitable manpower, managing high operating expenses, and collecting accounts receivable. Some are even hesitant to pursue new business opportunities due to concerns about insufficient manpower to meet increased demands. This workshop focuses on business risk management, cost control, and the current market environment. Through an analysis of global accounts receivable recovery trends and IQOR RMS’s exclusive global database on bad enterprises, the workshop aims to help businesses of all sizes mitigate the risks of overdue accounts receivable. Additionally, it will explore various operational strategies employed by successful companies in today’s challenging market.

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