Centre News

SMALL BUSINESSES PAYMENT DISPUTES?

Payment disputes and late payments are major issues for small businesses, which can lead to cashflow problems and in extreme cases even threaten a company’s survival. The Federation of Small Businesses (FSB) has recently highlighted the issue and called for the system of resolving disputes to be made simpler, with greater use of alternative dispute resolution. The Government has promised to take action, but will the measures be enough Here we look at how payment disputes are causing serious problems for many UK businesses, and ask what can be done to ease the situation

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