The true cost of late payments

Anyone running a small business will understand how late payments from customers can not only be a problem in the short term, but could also lead to missed opportunities and heightened anxiety, not to mention the failure of your business. That’s because late payments are not just delayed cash flow but involve numerous other visible and hidden costs. In this episode, RIABU’s Simon Littlewood and Mark Laudi discuss these costs, and what businesses can do to prevent late payments. Read more about this topic here.