It’s a headache for nearly all SMEs, but here’s what you CAN do about it!
When the cash stops flowing, business owners may find they’re relying on external or personal funding. But what happens when such funding is not available? Sadly late payment is one of the leading causes of business failure.
You may find yourself unable to invest in and grow your business. Worse still, you might be worried you won’t be able to pay your staff at the end of the month, or you may need to take a break from paying yourself.