On average small businesses in the UK are owed a staggering £12,000 in late payments and spend 336 hours every year chasing them down. Here’s a closer look at those figures plus four ways to avoid late payments jeopardising your business.
I did it, the final cut of the grass before winter. It’s always touch and go in October whether it’s going to be dry enough in Newcastle to mow the lawn one last time. It got me thinking about what sorts of things small businesses might be up to in preparation for the coming season.