Tag: small business debt collection
Government to review UK Small Business Late payments
The government is to review worsening UK Small Business late payments it has been announced. Business secretary Grant Shapps said the review was to stop...
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...
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...
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...
Top 5 Small Business Debt Collection Tips
Small Business Debt Collection has never been more important as the UK economy continues to recover from the pandemic. Regardless of the damage covid...
7 Small Business Debt Collection telephone tips
With unpaid invoices stalling post-covid financial recovery for many small businesses, we have complied a list of 6 top small business debt collection tips....
Late payment: Small Businesses must act now says Debt Collection Expert
UK's Small Businesses are under serious threat and must act now according to one industry expert. It has been reported that 440,000 Small Businesses...
7 Top Tips for Small Business Credit Control in 2022
One of the most tiresome aspects of running a Small Business in the UK is chasing unpaid invoices. Over 50% of small business owners...
1 in 3 Businesses see late payment as biggest threat to...
Late payments are threatening the survival of British businesses. In-depth analysis by invoice finance provider, Time Finance has revealed some startling truths. Uncovering the...
Unpaid Invoices as high as £200k affecting 1 in 5 SME’s
Newly released data from Time Finance has revealed some startling findings. The data shows that an astonishing 70% of SME's and Small businesses are...
