09Aug
Small Business Tips To Tackle Late Payment Culture
Small businesses employ more than half of all private sector workers and together they contribute more than 50% of total UK GDP. As a major driving force of the economy, the government has recognised that we need measures in place to protect small businesses from the harmful effects of late payments. Research from FSB shows that 37% of small businesses have run into cash flow difficulties, 30% have been forced to use an overdraft and 20% cite a slow down in profit growth due to late payments...
