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Originally written and published in May 2019 but still relevant today! During the current climate of uncertainty about the current and future economy, it is very easy to ‘batten down the hatches’ and hold out for an improvement later. The risk of this strategy is missing out on current opportunities and worse, allowing a competitor…
The latest Small Business Strategy from the Business and Trade Committee has urged the Government to address the late payment crisis that disproportionately affects smaller UK SMEs. According to this survey, businesses are currently owed an average of £66,770 in unpaid invoices, representing a 10 percent increase from the previous year. While the survey does…
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