According to the Federation of Small Businesses (FSB) late payments, over 30 days, cost the UK economy over £2.5 billion every year and result in over 50,000 businesses going under.
Freelancers make up over 15% of the UK workforce and the impact of late payments means entrepreneurs are at regular at risk of losing their homes, their relationships and struggling with their mental health.
Sometimes, although unhelpful, the reason for a late payment is understandable, a late payment in the chain impacts everyone waiting to be paid further down the line. More often than not late payment is just down to poor financial management by a client. In this webinar we will look at some tools you can use to encourage your clients to pay you quickly and before the 30- day limit and how to chase payments and remain objective, professional and sane.