Small firms ignoring unpaid invoices

A poll carried out by YouGov has found that almost a third of micro-business owners wait four weeks or longer after their payment deadline before chasing unpaid invoices.

Only 28% of business owners take the recommended action of sending a late payment reminder seven days after an invoice becomes overdue.

The poll also revealed that 13% of micro-business owners had to wait at least a year for an outstanding invoice to be paid.

Read more about the poll at:
http://www.freelanceuk.com/news/4795.shtml

Cranleigh Chamber

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