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How To Deal With Late Payments

October 7, 2019Late Payments

Dealing with late payments and unpaid invoices is one of the most common problems business owners face day-to-day. Late payments to small businesses negatively affect their operations. They have staff to pay, equipment cost to cover and various other bills. If paid late, the demand for these costs can close a business down if they …

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How Wholesalers Can Get Paid On Time

September 30, 2019Late Payments

Businesses are slowly getting better at paying on time, but sadly for wholesale distributors, this is far from the truth. Wholesalers are still suffering from the late paying habits of their retail customers. According to Xero’s recent study, the retail sector remains the slowest payment times, paying bills an average of 23 days late. This, …

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How To Get Your Invoices Paid On Time

September 2, 2019Late Payments

We all know that sales are what keeps us in business, but if we don’t receive the money we are owed, sales won’t achieve anything for us. According to ASIC statistics, having bad cash-flow is why most companies fail. To give you an precise figure, a survey undertaken by Xero showed that if invoices went …

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