Chasing debt a reality for all businesses
All businesses, in fact all entrepreneurs in the UK today know that getting debt owed to them paid is problematic. Chasing debt has become a harsh reality in our depressed current economy. When people owe you money they find the most wonderful excuses not to pay the debt and [...]

An accountancy firm is warning small companies that they cannot rely on the Government’s Time to Pay scheme, a recession measure which was made permanent in last week’s Budget.
Birkenhead-based Woods Squared, which specialises in business growth advice for small firms, says that although it has been successful in accessing the [...]

Chasing late payments could be costing the small business community a total of £1.9 billion a year.
Of 300 business owners and managers, 35% say they are finding customers are taking longer to pay invoices than 12 months ago, new research conducted by Bibby Financial Services has found.
Some sectors are suffering more than [...]