More than half of the USA SMEs experienced late payments from large companies which significantly impacted their business, delayed hiring, and reduced their ability to recover from the pandemic. Late payments are a persistent dilemma for small businesses which affects their ability to maintain a steady cash flow and invest for the future. With about 31.7 million small business firms operating in the United States, accounting for 44% of US economic activity, what should these firms do to get paid on time? RIABU’s Simon Littlewood and Mark Laudi have some ideas. Read more about this topic here.
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