Financial Ideals

It can be hard to know what to do when a large enterprise is late in paying the latest bill for work done or items supplied by a small enterprise. The small enterprise could have done work for the large enterprise many times and expects to be paid on time as before, but this [...]

The economic situation has generated much belt tightening not least by the financial institutions when it comes to offering support to small companies in the UK and with the national debt now over

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If a small company has done work or supplied goods for a larger company and has then sent the bill for the work or goods but after the required waiting time the larger company has still not settled the bill, what risks are there for going straight to Debt collection?

If the small company went to [...]

There may well be an air of disappointment when a small company find that an invoice for projects completed or items supplied to a large company has gone past the agreed authorisation for payment date and remains late. The disappointment is that in the past all of the projects completed or items supplied have [...]

This might seem like well worn management speak, but in the present financial downturn, when a small organisation finds that their latest invoice for work completed or equipment sold to a regular larger organisation has gone outstanding beyond the agreed final payment date might the small firms people have something to offer in the Debt [...]

There is an Act in place in the form of the “Late Payment of Commercial Debts (Interest) Act 2002” that was written to allow options for one organisation to press another organisation which owes them money into settling the invoice. The pressure that can be put on is in two forms, one is a [...]

In the current financial situation, when a small enterprise has been supplying services or products to a large enterprise on many occasions, it might be a setback when their last invoice has not been cleared by the agreed last settlement date. If the large enterprise has kept up a good clearance record in the [...]

There could well be an air of disappointment when a small company realise that an account for work completed or equipment supplied to a large company has gone past the agreed settlement date and remains late. The disappointment is that in the past all of the work completed or equipment supplied have been paid [...]

If a small enterprise has done work or supplied goods for a larger enterprise and has then sent the account for the work or goods but after the required waiting delay the larger enterprise has still not paid the account, what risks are there for going straight to Debt collection?

If the small enterprise went to [...]