Running an SME manufacturing firm is tough enough when it comes to juggling cash flow. It is made significantly harder when customers at the top end of the supply chain impose long, drawn-out payment terms on SMEs, who are still expected to pay their own bills in 30 days.
It is a blight that affects businesses across the UK economy. Tony Robinson OBE is Britain’s small business champion and is working for the day when SMEs are treated fairly. 5.7 million businesses, including more than 250,000 in manufacturing, live with a permanent cash flow migraine – image courtesy of Depositphotos.…
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