Going Concern in a High-Rate Economy: How to Spot the Cliff Before They Drive Off It
High interest rates are pushing many businesses closer to the edge without owners even realising it. A company can look profitable on paper while struggling to pay suppliers, SARS, staff, and the bank. This article explains the real warning signs accountants should watch for, from growing overdrafts to rising interest costs, and why spotting these problems early can save a business before it falls off the cliff.