Tag: small business late payment
Accountants should ‘help’ prevent SME late payment says expert
The combination of accountants’ expertise and real-time cashflow forecasting can play a major role in safeguarding small businesses against the worsening issue of late...
Small Business late payments hit 2 year high
With the UK economy likely to fall into a recession, small business late payments were made on average 8.2 days later in September. This...
Late payments costing Small Businesses £684m
New research shows that half of invoices issued by small businesses are paid late. Could stricter penalties and more transparency in regulation and reporting...
Small Businesses in Europe relying on loans due to late payments
SMEs and Small Businesses in Europe are suffering from significant late payment issues. But this is down to lack of understanding of the processes...
Late payments adding to Small Business cash flow worries
Small businesses were owed almost £23,000 in late payments for a month, according to new data, adding to the sky-rocketing energy bills that are...
Late payment warning issued by Small Business Commissioner
In a recent podcast, The Small Business Commissioner, Liz Barclay, issued a warning that without confidence in cash flow, the UK’s small and micro businesses...
Survey shows 1 in 2 Small Businesses struggling with late payments
The latest survey and research undertaken the the Federation of Small Businesses shows late payment is worse than ever. A survey of 1,300 Small...
Uk’s top 10 worst Business late payers named and shamed
New IPSE research finds that late payments have worsened despite recent government reforms, alluding that not enough is being done to crack down on...
49% of Small Business Owners being forced to raise prices
Almost half of all Small Business owners on the UK are said to be increasing prices to combat rising costs and increasing late payments. The...
Small Business late payment getting worse
Small businesses had to wait an average of 29.9 days to be paid in April according to the latest figures from Xero. This marks...
