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Cash Flow
Ten tips to avoid late payment
An ever increasing number of small-to-medium sized enterprises in the UK are experiencing problems with late payments. Top Ten Tips to avoid late payment problems [November 20, 2006]
An ever increasing number of small-to-medium sized enterprises in the UK are experiencing problems with late payments. Top Ten Tips to avoid late payment problems [November 20, 2006]
Tips to beat those late payment culprits
A financial services company is urging owners and managers to stand firm over unfair treatment and late payment from their larger counterparts. [October 9, 2006]
A financial services company is urging owners and managers to stand firm over unfair treatment and late payment from their larger counterparts. [October 9, 2006]
Avoiding the pitfalls of insolvency - Top Tips
To help business owners and managers achieve business success, here are ten ‘back to basics’ principles to ensure your small business remains in good financial health. [August 22, 2006]
To help business owners and managers achieve business success, here are ten ‘back to basics’ principles to ensure your small business remains in good financial health. [August 22, 2006]
Businesses think that credit terms are getting longer
New figures suggest that businesses are seeing longer credit terms as a legitimate way to extend payment. [August 18, 2006]
New figures suggest that businesses are seeing longer credit terms as a legitimate way to extend payment. [August 18, 2006]
Half of businesses need guidance on calculating late payment interest
A poll by the Better Payment Practice Group has found that half of UK firms surveyed do not know how to calculate late payment interest. [August 11, 2006]
A poll by the Better Payment Practice Group has found that half of UK firms surveyed do not know how to calculate late payment interest. [August 11, 2006]
Winding up orders to tackle the late payment problem
A poll shows that winding up orders tend to be successful for companies who choose to put a business into compulsory liquidation due to outstandting debts... but the BPRG suggest this method should only be seen as a last resort. [June 30, 2006]
A poll shows that winding up orders tend to be successful for companies who choose to put a business into compulsory liquidation due to outstandting debts... but the BPRG suggest this method should only be seen as a last resort. [June 30, 2006]
Hold in interest rate for commercial late payments
The late payment interest rate for overdue payments remains at 12.5% for the second half of 2006. [June 27, 2006]
The late payment interest rate for overdue payments remains at 12.5% for the second half of 2006. [June 27, 2006]
One in three companies do not confirm their credit terms in writing
Small businesses are being urged to spring clean their credit management procedures. By not agreeing terms up front, businesses are putting their cash flow at risk of abuse from late payers. [May 15, 2006]
Small businesses are being urged to spring clean their credit management procedures. By not agreeing terms up front, businesses are putting their cash flow at risk of abuse from late payers. [May 15, 2006]
Tips to help you avoid the late payment trap
Some top tips for good financial practice, which will help entrepreneurs avoid becoming the victim of late payment [April 11, 2006]
Some top tips for good financial practice, which will help entrepreneurs avoid becoming the victim of late payment [April 11, 2006]
One is six companies have zero tolerance for late payment
One in six UK companies will immediately terminate their contracts with customers who pay late, a survey by the Better Payment Practice Group has found. [April 4, 2006]
One in six UK companies will immediately terminate their contracts with customers who pay late, a survey by the Better Payment Practice Group has found. [April 4, 2006]
The cost of bad debt to UK firms soars
British firms are writing-off tens of thousands of pounds every year in bad debt due to customers not paying their bills, according to new research. [March 23, 2006]
British firms are writing-off tens of thousands of pounds every year in bad debt due to customers not paying their bills, according to new research. [March 23, 2006]
Late payment still rife among UK plcs says FSB
New league tables show that some firms are failing to honour their payment obligations and are using their size to get away with it. [February 27, 2006]
New league tables show that some firms are failing to honour their payment obligations and are using their size to get away with it. [February 27, 2006]
When late payment becomes a problem
An interesting story on how one small business tackled late payment problems, published by The Times. [February 17, 2006]
An interesting story on how one small business tackled late payment problems, published by The Times. [February 17, 2006]
UK businesses still take 60 days to pay their bills!
Seven years after the introduction of The Late Payment of Commercial Debts (Interest) Act, , the average time UK companies take to pay their bills is still two days longer than before the legislation was introduced! [January 24, 2006]
Seven years after the introduction of The Late Payment of Commercial Debts (Interest) Act, , the average time UK companies take to pay their bills is still two days longer than before the legislation was introduced! [January 24, 2006]
Online working makes SMEs more competitive
New research from an online factoring service shows businesses are reaping the benefits of the digital age. [January 10, 2006]
New research from an online factoring service shows businesses are reaping the benefits of the digital age. [January 10, 2006]
10 early warning signals for credit management survival
Top 10 early warning signals that a business’ credit management policy is in need of improvement, provided by the Better Payment Practice. [September 23, 2005]
Top 10 early warning signals that a business’ credit management policy is in need of improvement, provided by the Better Payment Practice. [September 23, 2005]
Top Tips to better small business profit margins
Top tips to help small business owners and managers strike the right balance, find the optimum price and maximise profit margins. [September 6, 2005]
Top tips to help small business owners and managers strike the right balance, find the optimum price and maximise profit margins. [September 6, 2005]
Companies taking longer than ever to pay their bills!
Small, medium and large companies in the UK are all taking longer to pay their bills then six months earlier, according to Experian [May 5, 2005]
Small, medium and large companies in the UK are all taking longer to pay their bills then six months earlier, according to Experian [May 5, 2005]
Practical guide to avoiding late payment
Top tips to avoiding late payment - small businesses should agree clear terms in advance and be organised in the steps they take to recover late payment for invoices [April 28, 2005]
Top tips to avoiding late payment - small businesses should agree clear terms in advance and be organised in the steps they take to recover late payment for invoices [April 28, 2005]
Business Tips for Keeping Afloat
Running a successful business requires not only the vision and drive to identify market opportunities but also the ability to manage the firm's finances prudently, says ACCA [November 1, 2004]
Running a successful business requires not only the vision and drive to identify market opportunities but also the ability to manage the firm's finances prudently, says ACCA [November 1, 2004]
