Leader.co.za "As a small business owner myself for the past 17 years, who feeds about 150 South African families in employees, contractors and suppliers, I’ll tell you that my biggest obstacle is my corporate clients not paying on time. That is not because of procurement processes that delay payment (as is commonly cited as a problem), but rather my ordinary, man-in-the-street individual clients who leave our invoices on their desks for too long before signing them off and putting them into the payment process. In short, my business constantly suffers tightness in cash flow because many of my clients don’t prioritise invoice signoff and our individual clients who are employees of big corporate companies have no idea the impact they have on their small businesses suppliers when they don’t process payment as a priority." - Jules Newton
Posted on: Wed, 17 Jul 2013 07:24:11 +0000
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