Failing construction firms lacked business knowledge
A lack of business knowledge is forcing some British construction firms to go into administration, according to a new study.
Research by the advice website Business Link suggests 40% of tradespeople don't know where to find relevant information and support.
According to the figures, the number of businesses that went under in the first three months of this year was 23% higher than it was last year.
Ray Lambe, the Director of Business Link, spoke to Radio 5 live's Morning Reports.
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07 Sep 2011
- From the section Business