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New guide published to help small firms get paid on time

New guide published to help small firms get paid on time

A new Government-backed guide for small businesses containing advice on getting paid on time has been published by the Association of Chartered Certified Accountants (ACCA). BIS is continuing its campaign to encourage small enterprises to agree payment terms before delivering orders, sign up to the Prompt Payment Code, raise complaints over late payment and use electronic invoicing where possible. The new measures follow the launch of the Finance Fitness campaign last year, which provides small firms with advice, guidance and redress if they are paid late.

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About The Author

Mark Hodgson is the Managing Director of Tremark Associates, one of the UK’s leading providers of investigative services. Mark has 30 years experience in private Investigations and the commercial debt recovery industries. He is Vice President of the Association of British Investigators, a member of the World Association of Detectives, The Institute of Credit Management and an associate member of R3 -The Association of Business Recovery Profession.