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 on the Cumbria Business Growth Hub podcast we're joined by Claire Louise Chapman of the Shared Value Business. The topic of our conversation is Social Value. We discuss: definitions and differences between Social Value and Corporate Social Responsibility; the benefits of embedding social…
In this episode, we sit down with Claire Aindow, the Pro Vice Chancellor for Growth and Development at the University of Cumbria. Claire discusses her new role and the university's new campus in Barrow-in-Furness opening in 2025. She also shares how the university is working closely with local…
As part of our activity for Global Entrepreneurship Week 2024, we're sharing an interview with Denise Gosney - founder of Razzamataz - which was previously shown at our 'How To Slay the Dragons' event held in partnership with North and West Lancs Chamber of Commerce in November 2024. Hear Denise's…
