The financial failure of any company can have a ripple effect on its customers and supply chain. It’s a troubling prospect for vulnerable small businesses to consider, but it rarely happens without warning. Referencing a real-life example, we share our insights so you too can accurately look for signs of business distress.
Cash flow is king, especially in smaller businesses that have less financial tolerance for delay. You've worked hard and you want your money, so how do you keep your invoices in line without compromising your hard-earned relationships?
We all know a hard day’s work deserves good pay but, sadly, things are not always that simple. So what can you actually do when a business stops paying?
Businesses rely on customers being able to pay their money, when it’s due. So how can you understand all the risks, and make the changes to strengthen your business?
