Good Business Pays

Good Business Pays has recently been interviewing small business owners about their experiences of late payment. All of the small business owners are customers of Intuit QuickBooks, who made the interviews possible. In this interview, our Founder and CEO Terry Corby CMgr CCMI hears from Afiya Titus, the founder of two very different businesses . Lime Hut sells tasty Caribbean food in #Soho, Central London. And Coco Financial provides support to small businesses who want to grow. In this wide-ranging discussion, Afiya (also known as Fi) talks about her two different businesses, and the problems caused by late payment for small businesses like hers. https://lnkd.in/epsU-UKW #paydontdelay #waitwatchers #cashflow #smes #smallbusiness #entrepreneurs #latepayment #latepayments

Fortune magazine has again published the results of the latest Good Business Pays Late & Slow Watchlist, highlighting two of fashion brands that take up to four months to pay suppliers. https://lnkd.in/edpYu2pi Link to the Autumn 2024 Late & Slow Watchlist here: https://lnkd.in/gw4DeQmx #paydontdelay #cashflow #latepayments #latepayment #smes #smallbusiness #waitwatchers

Good Business Pays will be speaking at the upcoming Railway Industry Association SME Group meeting in Leeds on October 17th. Our Founder Terry Corby CMgr CCMI is looking forward to discussing how Good Business Pays and the Railway Industry Association can work together to stamp out problems with late and slow payment in their sector. #paydontdelay #cashflow #latepayment #latepayments #payments #waitwatchers #smes #smallbusiness #procurement #railindustry

Good Business Pays has recently been interviewing small business owners about their experiences of late payment. All of the small business owners are customers of Intuit QuickBooks, who made the interviews possible. In this interview, our Founder and CEO Terry Corby CMgr CCMI hears from Priyesh Pankhania, the Creative Director of Prispective Media, about his film and media production company. Priyesh makes two types of documentaries. His B2C clients are organising very large weddings and his B2B clients are corporates. Priyesh talks about his business, challenges and the difference it makes when clients pay fast and when they don't. Link to full interview here: https://lnkd.in/eKnUE2i3 #paydontdelay #waitwatchers #cashflow #smes #smallbusiness #entrepreneurs #latepayment #latepayments

The Financial Times reports today that Starling Bank has been fined £29million for ‘shockingly lax’ sanctions screenings that left financial markets ‘wide open to criminals’. https://lnkd.in/gBZ48vPa #paydontdelay #smes #smallbusiness #latepayment #latepayments #cashflow #waitwatchers #payments

We are just a month away from announcing the winners of the 2024 Fast Payer Awards!! To see who won last year, see the list here. I wonder if they will be winners again this year?? https://lnkd.in/ettcwfz6 #paydontdelay #waitwatchers #cashflow #smes #smallbusiness #fastpayerawards #latepayment #latepayments #payments

Good Business Pays has recently been interviewing small business owners about their experiences of late payment. All of the small business owners are customers of Intuit QuickBooks, who made the interviews possible. In this first video, Steph Scholes, the Co-Founder of the unique corporate gifting company Needi talks to our Founder and CEO Terry Corby CMgr CCMI about her business, its challenges and of course around the challenges late payment brings to a business like Steph's. Link to full interview here: https://lnkd.in/eimSweu5 #paydontdelay #waitwatchers #smes #smallbusiness #entrepreneurs #corporategifting #cashflow #latepayment #latepayments #payments

Good business means paying today so your suppliers can invest for tomorrow. Good Business Pays is the most comprehensive, free set of payment performance and credit risk data available anywhere. We track all large commercial companies as well as UK Local Authorities and NHS Trusts. Check it out here: www.goodbusinesspays.com #waitwatchers #paydontdelay #smes #smallbusiness #latepayment #latepayments #cashflow

Here are the Good Business Pays Wait Watchers numbers for September 2024! . Every month, Good Business Pays tracks the payment practices and performance daily of every company that reports its numbers. We then recognise those that pay fast, as well as those that pay late or take a long time to pay suppliers in our #waitwatchers programme. So here are the reported results from the slowest and fastest payers in the past four weeks, based on their own submissions to the Department for Business and Trade. (Please note we exclude staffing companies who generally all pay fast and also Legal Firms that work within regulations that set certain payment terms that appear very slow). All results below are their average time to pay (all suppliers): The fast were: Giant Group = 4 days Trailfinders = 10 days Harrods Aviation Limited = 11 days Mastercard = 11 days GEODIS = 12 days Rathbones Group Plc = 12 days Royal Academy of Arts = 13 days Ian Mosey Group = 13 days Europe Arab Bank = 14 days Lex Leisure = 14 days Reed & Mackay = 14 days WeightWatchers = 15 days Dundee Airport = 15 days Highlands and Islands Airports Ltd = 16 days The slow or late were: THG Nutrition = 111 days Bibendum Off Trade = 105 days OneAdvanced Computer Software Company = 103 days GKN Aerospace = 101 days Acton Gardens Llp = 90 days OneSubsea Operations = 81 days Altrad Babcock = 80 days Breyer Group = 90% invoices paid late LIQUID TELECOMMUNICATIONS LIMITED = 88% invoices paid late Holchem Laboratories = 82% invoices paid late Checkout.com = 81% invoices paid late Charlie Bigham's | B Corp = 80% invoices paid late #paydontdelay #waitwatchers #cashflow #latepayment #latepayments #payments #smes #smallbusiness

Never be afraid to walk away from a bad deal..... #paydontdelay #waitwatchers #cashflow #smes #smallbusiness #latepayment #latepayments #payments