Late payments: SMEs don’t want favourable treatment, just fair treatment
One of the biggest threats to startups and small businesses remains that of late payment, says Charlie Mullins.
Tag: Late Payment
Late payment culture just as rife in world of Formula 1
With the government set to crack down on late payments, Creditsafe sought to highlight the worst offenders in the world of Formula 1.
Fresh thinking on the late payment challenge following the Spring Statement
By Staff writer
While SME owners were heartened to hear the chancellor prioritise tackling late payments in last week’s Spring Statement, firms can proactively tackle the issue themselves, writes CEO at Oxygen Finance, Ben Jackson.
Reduced corporation tax and Brexit reversal top SME leaders” wish list
A survey of British business leaders has revealed that over a third would like to see a Brexit reversal over any other growth stimulation technique.
Better late than never” Unravelling the late payments culture
By Staff writer
Small companies are the bedrock of the UK economy, accounting for over 99 per cent of private sector businesses last year, and employing nearly 16m people. But there is a problem holding most back the late payments culture.
Government search for UK’s first small business commissioner has begun
If you’ve been thinking of getting a new role, then why not apply for small business commissioner a title which will have you focus on tackling late payment.
Four things SMEs can do now for a better 2017
By Staff writer
The events of 2016 created a great deal of uncertainty, so it’s important to focus on the things SMEs can do now to manage impending legislation and, ultimately, make life easier in the coming year.
SMEs could be burdened with more red tape if small LLPs not exempt from draft late payment law
Amid the headline-grabbing furore surrounding our exit from the European Union the government announced a positive move that will help make sure small and medium-sized business don’t feel the brunt of the late payment culture.
The cash flow clinic: Its about a number of techniques, not one silver bullet
The old adage that “cash is king” has long dominated business speak, and is a reflection of the fact that the majority of business failures aren’t because of a bad idea – but are to do with running out of money and having nowhere to go.
Charlie Mullins: Prompt Payment Code needs to have power to fine offenders
Without doubt, one of the most frustrating things about running a business is dealing with late payments.