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FSB research shows that every quarter, 52% of SMEs in the UK suffer from late payments. Late payments have devastating knock-on effects; cash flow is...
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“The creditor hath a better memory than the debtors.” James Howell.
It’s all about getting paid as soon possible and to do that you need to have procedures in place:
“Life is just a series of peaks and troughs, and you don’t know whether you’re in a trough until you’re climbing out, or on a peak until you’re coming down.” David Brent.
“Whoever has the gold makes all the rules.” The Golden Rule.
“The buyer needs a hundred eyes; the seller but one.” Italian proverb.
“It is always wise to look ahead, but difficult to look further than you can see.” Sir Winston Churchill.
“Finance is the art of passing currency from hand to hand until it finally disappears.” Robert W. Sarnoff.
“The two most beautiful words in the English language are ‘cheque enclosed’” Dorothy Parker.
“Let us all be happy, and live within our means, even if we have to borrow the money to do it with.” Artemus Ward.
“Trying to predict the future is like trying to drive down a country road at night with no lights while looking out the back window.” Peter Drucker.
“The best preparation for tomorrow is to do today’s work superbly well.” Sir William Osler.
Sometimes you need to take a step back and take an overview and ask yourself a few questions.
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FSB research shows that every quarter, 52% of SMEs in the UK suffer from late payments. Late payments have devastating knock-on effects; cash flow is...
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