It's getting harder for businesses to recover overdue debts, according to research from the invoice financing firm Liberis.
A survey carried out in March found that small UK businesses are owed £14.9bn in late payments, up from £13.9bn only six months ago.
A quarter are owed more than £20,000 and half say that aged debts have hindered investment in their business.
They spend, on average, £5,000 a year in time trying to recover these funds.
In this podcast Rob Winder, head of the debt and property recovery team at Burnetts Solicitors, looks at what businesses can do to improve debt recovery and how to identify potential defaulters before they run up big debts.
This month we are joined by one of our advisers Ian Wilson, Managing Director of IW Process Solutions. To celebrate International Manufacturing Day we talk about Ian's Manufacuring experiences and his vision for the future. Ian Wilson is a Lean expert with over twenty years’ experience of…
This month we are joined by Matt Ryder the Principal Lecturer at the University of Cumbria. The topic of our conversation is the opening of the new university campus in Barrow. We discuss the different courses that the university will be running and how the campus community will affect Barrow's…
Keith and Jaqui Jackson are here to talk about their new leadership programme LEAD iT.
