Good Business Pays
@goodbizpays
Good Business Pays is a campaign to help small businesses thrive by encouraging companies of all different sizes to pay small businesses fast ànd on time.
ID:1392985671451791360
https://goodbusinesspays.com/ 13-05-2021 23:32:40
1,0K Tweets
308 Followers
899 Following
Exciting news to share!
Good Business Pays and Company Watch have teamed up to bring together payment performance and financial risk insights into one single view.
goodbusinesspays.com/posts/new-part…
🗞 Out now! The worst late payers to UK SMEs, GDP uptick, #ECommerceWeek , NICs cuts, and more.
Get up to speed with all the week's small business news in the Weekly Brief Newsletter 👇
🔗 go.fsb.org.uk/3v9FS7l
The OECD ➡️ Better Policies for Better Lives states 82% of SMEs depend on banks loans, but when SMEs are not paid on time, they go to banks to finance their working capital. Late payments take away SMEs’ possibility to finance investments for the future
SMEunited are leading the charge to change this across the…
⏰ These companies are the worst of British businesses and are forming a rogues’ gallery of people that pay their small businesses late, we told Emma Taggart.
➡️ We're on the front page of the The Times and The Sunday Times business section with Good Business Pays and Small Business Commissioner UK discussing the…
Late payments kill businesses. Thank you to Good Business Pays and their supporters for highlighting good and bad payment performance. Time Coca-Cola GB Reckitt Formula 1 and others upped their game but well done to YouGov and 18 others for getting their act together.
The cost of late payments to small businesses has more than doubled in two years to hit £1.6 billion at the end of 2023, according to the accountancy firm Xero .
#latepayments #SmallBusiness #payments
thetimes.co.uk/article/small-…
According to the latest Aldermore Bank SME Growth Index, more than three million (73%) small and medium-sized enterprises (SMEs) have some form of outstanding late payment from customers
Aldermore Press Office
theintermediary.co.uk/2024/03/73-of-…
Govt data analysed by Good Business Pays uncovers a rogues’ gallery of late paying corporates:
L&Q Reckitt Galliard Homes YouGov Arla Foods UK Tata Steel Whirlpool UK Jimmy Choo Travis Perkins - please embrace ESG & pay your small firms!
goodbusinesspays.com/posts/research…
Congratulations to our commercial team who have helped us receive Fast Payer Award for 2023 from Good Business Pays Good Business Pays We've picked up the award for the last three years and shows our support to small businesses who rely on companies paying fast and on time.
Watch out for this if you are in the building trade.
According to Building News , a new ruling by the Technology and Construction Court (TCC) says late payment may not be grounds for termination.
building.co.uk/comment/new-ru…
As well as fast food, McDonald's UK is great as fast payment to their suppliers. So Good Business Pays recognised them. Terry Corby and Kevin Hollinrake MP present the award to Ross Ewing at the Federation of Small Businesses (FSB) offices in London.
Here are eight companies that pay so fast and on time you'd want them as customers! Business Minister Kevin Hollinrake MP joined Good Business Pays to present Fast Payer Awards to clarins_uk, Interflora UK & Ireland , Simplyhealth , Denplan , Sony Music UK , McDonald's , Pizza Hut ,…
At TSB, we pledge to pay all our suppliers promptly, making a huge difference to our #SmallBusiness suppliers.
Hear from three of our suppliers, as they share why it’s important for small businesses like theirs to be paid on time.
#DoWhatMatters #ResponsibleBusiness