Sadly, late payments can be a big issue for small businesses, but there are steps you can take to deal with them and mitigate the effects.
When a customer doesn’t pay, they’re hanging on to money that is rightfully yours. Chasing debt can be stressful for a small business owner, and unfortunately with a third of payments to small businesses being late, it’s an all-too-common occurrence.
If you’re unsure where to begin, we’re here to guide you through the questions you might have about the debt recovery process.