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How small firms can manage Covid-19-related late payment
The late payment of invoices has long been a thorn in the side of small businesses, but the impact of the coronavirus is set to make the pain particularly acute. How can small firms, already struggling to stay afloat, manage the impact and maintain cash flow? According to new figures from the Federation of Small Businesses, small firms are facing a spike in the incidence of late payment as a result of the pandemic. FSB research reveals that almost two thirds of small businesses have had invoices paid late or unpaid during the crisis. One of the worst small business ... [Read More...»]
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