What are the main reasons for selling on credit? Most suppliers allow their credit-worthy customers to defer payment for their purchase. Deferred payment terms exist to allow buyers to store, process, and sell the purchased items before having to pay…

              If your company trades goods and/or services on credit, you might often find yourself chasing unpaid invoices. While you might be successful in getting your money back a few times, sometimes you’ll have to ask a professional for help…

This is part of a series on Cash Cycle Optimization. You can find the first article here. How to optimize Inventory Days: As a business owner, operations manager or CEO, there are many steps you can take to improve your…

The need for Deferred Payment Terms Most suppliers allow their credit-worthy customers to defer payment for their purchase. It is commonplace to extend 30-, 60- or even 120-day (in recent years) payment terms. Such terms often cover the full value…

As Boris Johnson was elected leader of the Conservative Party and subsequently appointed as Prime Minister by the Queen, British businesses found themselves confronting, once again, the prospect of a no-deal, “hard” Brexit. The United Kingdom is now expected to…