Inside Your Business: How You Small Business Deal With Late Payments

Not getting paid on time can have a big impact on a small business’ cash flow. During the COVID-19 pandemic, many SMEs struggled to pay salaries, find new clients while working from home, and with customers not paying their invoices in time. The SA SMME COVID-19 Impact Report shows that a total of 38,6% of SMEs indicated that they had customers who did not pay their invoices. <a href="http://www.kayafm.co.za">kaya fm</a>