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Don't Let Slow Payers Destroy Your Business



Be warned that some large companies particularly might be back to their old tricks of delaying payments to increase their own bottom line. The effects on you, on all small to medium businesses and therefore the total economy can be devastating.

In other words, don't let slow payers destroy your business, says Ian Box, Joint Managing Director of National Credit Insurance Brokers. He says many businesses are facing cash flow problems because debtors are taking six to seven days longer to pay.

John Hounslow asks Ian Box whether he can see a trend?

  

Topics: Financial Management


Ian Box, National Credit Insurance Brokers