Late payments impacting 3 in 4 small businesses
By James Harkness · 28 October 2016 · Cashflow
By James Harkness · 28 October 2016 · Cashflow
A staggering 77% of SME owners are struggling with the financial and emotional toll of late customer payments. Can the federal government and big business step in to prevent further damage?
New research by MYOB highlighting the financial and emotional toll late customer payments are having on SME owners has prompted the cloud accounting provider to renew calls for federal government and big business to implement a solution. The company’s latest SME Snapshot, revealed 77% of business owners had been impacted by late payments. Notably, 35% […]
Tags: Accounting, anxiety, Big Business, Cash Flow, Cloud, Colin Porter, credit bureau, CreditorWatch