Information Supplied by Asif Timol at Quantum Legal
The problem of late payments is one which affects most businesses, especially in the current economic climate. The longer the wait to receive payments, the longer it takes the business to pay its suppliers, resulting in a vicious circle of late payments and crippling debts.
There are a number of pre-emptive steps which can be taken to prevent late payers turning into bad debts:
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Hi I am Faz and am passionate about all things Bolton. I hope you enjoy reading my blogs and find them to be interesting and thought provoking. I would love you to add your personal comments to them. Dont...