Since the crash it’s shocking to read about the late payments culture among the larger businesses and institutions who refuse to pay small firms on time. Companies and institutions preach the importance of small businesses as job creators but their accounting policies and departments don’t support this approach.
What is your experience with late payments by larger companies? How long do you wait for payment when your small business has delivered products and services in good faith? What are you doing about late payments before they crush the lifeblood from your small business? Continue reading “Late payments culture damages small businesses”
