A regular, reliable cashflow is vital to the financial health of any business, but it can be impacted by overdue payments. In an environment where cashflow is key to success, payment delays present a real risk to both large and small businesses. For SMEs in particular, the pressure of managing late payments on a day-to-day basis can be time-consuming, restricting funds and the capacity to expand.
Asking for money is never an easy task, but the reality is that you’re entitled to be paid for the work you've done. So, let’s talk about the things you can do to before your invoices are due to give you the best chance of being paid on time.
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