Teneric Business Plan UK Ltd

Get paid on time with a small business

If you want to have success with your small business then go through this top 10 list

1. Be flexible
2. Train up
3. Expansion: part one
4. Expansion: part two
5. Don’t just bank on banks
6. Go public?
7. Get your message across
8. Get supplied

9. Get paid on time – Late payment has been seen by many businesses as acceptable practice for many years, putting small firms in debt that they can little afford.

With tardy payers being one of the biggest obstacles to profits and expansion, its important that you act to get what’s owed to you.

The government has introduced legislation over the last year to tackle the problem, allowing firms to take clients to court for compensation.

If all your chasing proves fruitless, consider using these laws


10. Keep the cash flowing

Reproduced from start-ups.co.uk

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