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Empowering Small Businesses: A Call to Action Against Late Payments

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2 months 3 weeks ago #4900 by j.salmon@cpa.co.uk
Empowering Small Businesses: A Call to Action Against Late Payments

Late payments can pose a significant challenge for small businesses, impacting cash flow, hindering growth, and even risking insolvency. However, there's a glimmer of hope on the horizon as the European Union (EU) takes a decisive step to address this issue head-on. The proposed reforms to strengthen the late payment directive aim to provide enhanced protection for suppliers, ensuring timely payments and shielding businesses from potential financial pitfalls

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