A purchase order outlines to a vendor or supplier exactly what the purchaser needs, when they need it by, how much it is going to cost and when payment should be made. more»

With new research suggesting business fraud awareness is stagnating, two small company owners share their experiences of being stung by swindlers. more»

For the second instalment of a new series tackling cash flow for small business owners, Grid Law founder David Walker looks at how a credit control system can be made more effective. more»

On 1 October 2017, a new “pre-action protocol” was introduced which business owners must follow while trying to recover money from a sole trader or any other individual person. Here's how procedure works. more»

Electronic point of sales (EPOS) payment startup iZettle has introduced an invoice service to allow small businesses to create and send professional-looking invoices within its app. more»

UK business owners have been warned to take a tougher stance on unrealistic employee expense claims, as new research reveals a majority frequently overcharge at the end of the month. more»

Despite new government efforts, the UK's toxic culture of late payments will take a lot more than a little legislation to fix. So, what can you do to protect your business against reluctant payers? Here are some top tips to arm yourself as best you can. more»

Here, Emily Coltman, chief accountant to FreeAgent, leverages her expertise for Business Advice readers to answer one of the most important questions for new founders – what is bad debt? more»

Good Friday and Easter Monday are non-processing days, meaning that any payments for the following week will need to be scheduled in advance. more»

The government has announced a crackdown on large companies that fail to adequately disclose their payment performance. Find out how to effectively tackle supply chain bullies. more»