1st August 2015
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: