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…

There’s been a lot of discussions recently on how the old 8-hour workday is about to be a thing of the past. One of the alternatives suggested is to institute a 5-hour workday.  Back in February 2015, Sweden asked researchers…

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…