Late payments have been strangling small businesses for decades. But last week, something changed‼️ The #KingsSpeech included a real, concrete commitment to crack down on late payers — and Small Business Commissioner Emma Jones CBE has broken down exactly what that means for your small business. Spoiler: large firms can no longer hide behind 90-day payment terms, and the consequences for ignoring the rules are now a lot more serious. ☝️ Swipe through to see what's else has changed 👉 Office of the Small Business Commissioner
Positive move for SMEs faster, fairer payments will strengthen cash flow across the supply chain and help businesses focus on growth rather than chasing invoices.
📌Read the full column here: https://startups.co.uk/get-paid-with-emma/kings-speech-small-firms/