The Late Payment Assassin's Blog

Accelerating your cash flow


80% of Small Businesses owed money in the UK

Wednesday, 19 July 2017 20:43 by The Late Payment Assassin

According to a survey by 'Simply Business', 4 out of 5 Small firms in the UK are owed money, with all sectors affected regardless  of the size of the business.

The poll follows up a 2016 survey that revealed around 68 per cent of small businesses have written off bad debt.

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RELAX, summer shouldn’t be a time of financial stress

Wednesday, 19 July 2017 20:28 by The Late Payment Assassin

Businesses can quiten down over the summer months, when we all chose to spend more time away from the daily grind and with our family and friends. Unfortunately, small business owners and exporters can’t rush for the ‘out of office’ button and head for the beach, as the cogs of industry still need to turn in their absence and the bills still need to be paid.

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Keep your cool with credit control this summer

Wednesday, 28 June 2017 13:48 by The Late Payment Assassin

I don’t know about you, but where I am today, summer seems a long way off! But with the longest day already been and gone, it’s time to staff up for summer!

The months of July and August can be a slow and difficult time for business, with staff taking time off to recharge their batteries and hopefully, grab a bit of sun. Their absence can mean delayed meetings, moving of deadlines and difficulties in the decision-making process. 

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Exporting to Ireland – A Little Neighbourly Advice

Monday, 19 June 2017 12:46 by The Late Payment Assassin

 Not only is Ireland close to the UK geographically, we also share a close trading relationship, and, according to the UKTI, is our 5th largest export market importing more goods from Britain than the rest of Europe combined! Perhaps this isn’t surprising given our transport links, shared language and similar regulatory frameworks. The UKTI describes Ireland as an ideal starter or test market for SMEs.  More...