z Challenges of late payment – Saltare

We recently spoke to Liz Barclay, the current Small Business Commissioner – a post created to help small businesses secure the payments owed to them and to galvanise UK businesses behind a new culture of prompt and fair payment.

During the conversation we discussed the impact of poor payment practices on UK small and micro businesses, and how the uncertainty of payment affects all elements of their enterprise including how they manage their cashflow, make decisions on recruitment & investment and importantly, the mental heath impact.

We also discussed how larger businesses can support small and micro businesses by employing good payment practices. And the benefits that has on creating a sustainable supply chain.

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