A recent SME survey identified the key challenges a growing business has to contend with. The answers weren’t surprising, namely; “skilled labour shortages”, “the burden of red tape”, “wanting to maintain a work/life balance” etc. Near the top of the list, as always, was “access to working capital.”
“By withholding payments the large companies are affecting cash flows and restricting small businesses from thriving.”
“Large companies 'killing' small businesses by withholding payments.”