Majority of small business owners ditch holidays to chase late payments
Britain’s £14bn late payment crisis has hit such a peak that most small business owners have been forced to cancel holiday plans to chase unpaid invoices. more»
supply chain
Small firms remain locked out of public sector procurement “merry-go-round”
Small UK business owners are unable to access contracts in the public sector, a committee of MPs has claimed, despite large firms failing to offer value for money. more»
“A national disgrace”: England crash out of late payments World Cup 2018 with 2nd worst record in Europe
With Gareth Southgate's team ready to test themselves at the 2018 World Cup in Russia, is there anything England could learn about late payments from fellow competing nations? Creditsafe has prepared the post-mortem. more»
Commercial Agents Regulations: What happens when an agent terminates the agreement?
Following his recent article drawing the distinction between agents and distributors, David Walker, founder of Grid Law, responds to a reader's question regarding the termination of agreement by an agent. more»
Government announces plans to digitise small business supply chains and increase profits
The government has opened a new review with ambitions to unlock £100bn in missed revenue by making small business supply chains and operations more efficient. more»
Commercial Agents Regulations: Am I entitled to compensation at the end of my agency contract?
I am a limited company and have been working as an agent for five Italian manufacturers for nearly 30 years. Now I'm preparing for retirement, am I entitled to compensation at the end of the contracts? more»
Nine in ten government suppliers have been hit by late payments
Poor supply chain practices in the public sector continue to blight small business owners, as new research finds nine in ten government suppliers have been paid later than agreed terms. more»
Small business suppliers beware: The FTSE 350 sectors failing to pay small firms on time
Britain’s late payment crisis is continuing to hamper cash flow, growth plans and even survival rates of the country’s small firms. Government efforts to hold large firms accountable are yet to generate confidence among small business owners, and new data has provided yet more evidence of the task at hand. more»
What is the difference between an agent and a distributor and which is best for your business?
For an ambitious small business that wants to grow as fast as possible, appointing an agent or distributor has some clear advantages. They are likely to have an established network of contacts and potential customers ready to sell your products and services to, allowing you to fast track your growth. more»
Selling to Co-op was a crucial stepping stone for these suppliers
Continuing our regular supply chain series, Business Advice hears from two smaller suppliers about their experiences selling to Co-op to find out what fellow entrepreneurs should know before approaching the retailer. more»
