Company’s financial difficulties and their prevention

Call the Financial counselling for entrepreneurs if

• your company has accumulated unpaid invoices
• you are no longer able to pay loans and their interest
• you are not sure what to do when work or the sales in your company have decreased
• you feel that you can no longer cope with financial difficulties alone
• you want advice on how to prevent or avoid financial difficulties.

You can improve your company's situation by developing its operating methods, product range, quality control, management, competence and marketing. Consider alone or with other owners, partners' board members and employees how you could take the company further. 

You can send a contact request to the operators in the Team Finland networkOpens in a new window. so that an expert best suited to your situation can contact you. 

Sparring or mentoring by an experienced entrepreneur or expert may help in finding solutions in difficult situations. They also support you in coping. The regional network of financial assistance for entrepreneurs and business mentorsOpens in a new window. provide free personal support near your place of residence. If you are a member of an entrepreneur association, apply for a mentor best suited for your needs through the Mentorisi.fi service of the Federation of Finnish Enterprises (in Finnish)Opens in a new window..

If your company's situation seems like you might have to consider changing employee hours to part-time work or to lay off or dismiss employees, contact the TE Services. The TE Office can advise you on what to do and what kind of help is available.

Remember that all changes in an employment relationship involve obligations that the employer must comply with. More information on the obligations in changes in employment