Do you have problems with customers paying late?

[BizOwnerUK]

Does anyone have issues with B2B customers who always pay invoices late? I find it can seriously affect cash flow, even put you out of business.

Have other directors or business owners had problems with this?

 

[lookingforadvice]

Unfortunately, this will become a more common problem for many businesses as one delayed invoice will impact another company's cash flow, this might then put them in financial difficulty and could have the knock-on effect of causing them to pay their invoices late. Tricky situation!