It’s not that unusual to be owed money by another business. But if that company no longer has any money to pay you, or anyone else, back, what can you do? Follow this expert advice to recoup debts owed to you.
No matter what type of business you run or what stage of its life cycle you’re working through, the biggest issue that plagues SMBs is cashflow, cashflow and more cashflow. Here’s some expert advice for getting this vital aspect of your business under control.
There’s been a strong rise in the number of businesses entering external administration (EXAD) for the three months to September, as poor sales and increased creditor activity takes its toll.
The Federal Government has introduced a stringent payment regime obliging state agencies to pay small business creditors within 30 days, or they’ll face penalties for late payment.
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