Billion Owed to Uk Smes in Late Payments #infographic

 Billion Owed to Uk Smes in Late Payments #infographic

Late paying customers are one of the most important issues for small businesses and small and medium sized enterprises across the UK. Whether you are a freelancer working at home, a small business or a small business, they all have the same common issue— because they get invoices paid on time.

A whopping £ 23.4 billion remained in late payments in 2019–up £ 10.4 billion from 2018 Not only disturbing the small business owner as it costs businesses to chase outstanding debt on time and money. In reality, businesses spend around £ 4.4bn a year collecting the money owed.

 Billion Owed to Uk Smes in Late Payments #infographic

infographic by: www.smeinvoicefinance.co.uk

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