‘Act like a large company’ and other tips to help SMEs avoid the sting of late payments

Summary

Last week, the Australian Small Business and Family Enterprise Ombudsman released the findings of the Inquiry into Payment Times and Practices in Australia. The results were startling but, for many small businesses across Australia, they were not surprising. The inquiry revealed almost half of small business are owed more than $20,000 from late payments, and […]

Tags: Australian Small Business and Family Enterprise Ombudsman, Creditor, debitor, Debt, Debt Collection, Invoice, late payment, payment inquiry