>TIPS & ADVICE

TIPS & ADVICE

How can you protect your business against the scourge of late payers and bad debts? As a first step you need to ensure that your business has the right policies and payment practices in place.

Getting paid on time

February 9th, 2017|

Article written by Linda Barry, Assistant Director of the Small Firms Association Getting paid on time is a never-ending concern for anyone in business, especially if your business is a small business. Late payment causes [...]

What can you do?

January 12th, 2017|

Always agree payment terms in advance as part of your contract agreement Establish a payment system that will allow ease of payments Publish your payment process on your website so that suppliers are aware of [...]

Prompt Payment is good for YOU!

January 12th, 2017|

It enhances your reputation which makes you more attractive to suppliers A culture of prompt payment promotes cash flow in both directions – you pay your suppliers on time and you get paid for your [...]

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“The Code is a way of advertising to your suppliers that they will get their bills paid on time.”

Eoin Fitzpatrick
Fitzpatrick Wholesale

“The Code shows a clear intention about how you do your business.”

Anne Heraty
CPL

“The Code helps us develop trust and stronger relationships with our suppliers.”

James McManus
Earth’s Edge

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