One of the biggest challenges businesses face is cash flow, particularly with the UK’s culture for late payments. We collaborated with PayPal to see what damage this is doing to businesses, their owners and how to tackle this problem.
of Britain’s small business owners say cash flow/management is a key challenge
feel like they have failed with their business when they are cash flow negative
of small businesses unable to pay suppliers on time – creating a vicious circle
If cash flow wasn’t an issue:
The number of days sooner you could get paid by including a Paypal ‘Pay Now’ button when you send invoices with Xero.