Private Sector Organisation of Jamaica (PSOJ) Immediate Past President Howard Mitchell is encouraging business and financial institutions to conduct a sensitisation campaign on insolvency and the availability of earlier intervention for micro, small and medium-sized enterprises (MSMEs).
“As a community of business people we suffer from a culture of shame if someone fails at a business. If a business goes under, the first issue that comes up is not to look at the fundamentals but at the individuals to try and ascribe blame,” Mitchell stated at a webinar looking at insolvency legislation hosted by Jamaica Venture Capital Programme on Wednesday.
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