economy small-business-owners-prices 
UK debt collections
NOVEMBER 9, 2023
Small business owners have revealed that cash flow is the biggest challenge for nearly half of the respondents. Almost half (48%) of small to medium enterprises cited cash flow as the largest single challenge their business was facing, according to research by Millbrook Business Finance.
UK debt collections
JULY 20, 2022
Almost half of all Small Business owners on the UK are said to be increasing prices to combat rising costs and increasing late payments. The SME Insights Report, released by Simply Business, one of the UK’s biggest small business insurance providers, saw over 1,000 small business owners from across the UK surveyed.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
UK debt collections
OCTOBER 31, 2022
With the UK economy likely to fall into a recession, small business late payments were made on average 8.2 This is the highest small business late payment time since August 2020 according to the latest data from Xero, the global small business accounting platform. days later in September. percent y/y.
UK debt collections
AUGUST 5, 2022
Businesses are being urged to take action to collect unpaid invoices as a new UK recession in on the horizon. The latest setback fro the UK economy has been touted as the “final straw” for thousands of small businesses across the country. It also has predicted that inflation would surpass 13%.
UK debt collections
AUGUST 3, 2022
The latest survey and research undertaken the the Federation of Small Businesses shows late payment is worse than ever. A survey of 1,300 Small Businesses and sole traders showed that half of SME’s are dealing with late payment for the quarter April to June 2022. Institute of Directors poll predicts bleak outlook.
UK debt collections
OCTOBER 18, 2022
New research shows that half of invoices issued by small businesses are paid late. Small businesses have long suffered from suppliers paying them late , but mounting economic challenges including rising inflation and the falling value of the pound are only serving to aggravate the problem.
UK debt collections
JANUARY 10, 2022
UK’s Small Businesses are under serious threat and must act now according to one industry expert. It has been reported that 440,000 Small Businesses in the UK could be forced out of Business by a current late payment crisis. For many years, Small Business late payment has been a big problem.
Expert insights. Personalized for you.
89 
Let's personalize your content