Credit control has never been more important. One inevitable consequence of the downturn is an increasing number of companies addressing their own cashflow difficulties by delaying payment to their suppliers. Thus, the company that used to pay 30 days after receiving an invoice may now hold off on payment for 45 or even 60 days. … Read more
Definitely, you don’t like to be caught in making late payments with regards to your loans or credit cards and affect your own credit score and report not only if you have to basically really have to. However, what if it happens that you just cannot really avoid that predicament? Well, that really basically depends … Read more
When it comes to fighting late payment, small businesses are the David in the struggle with big business Goliaths. At the Forum of Private Business, we continue to battle on behalf of small businesses against late payment by larger contractors. We champion our members on this issue and provide a collective voice for small business … Read more
For most who are opening a dollar store there won’t be a true understanding regarding the powerful impact consumable products will have on their business. Many will see the wholesale prices and instantly turn away feeling they simply cannot afford to pay that much and still be profitable. And there are certainly some very clear … Read more