Small businesses have been warned that creditors are coming down hard on outstanding payments and bad debt, following the release of figures that showed an easing in the number of company collapses.
Credit reporting service CreditorWatch has secured funding from Nightingale Partners in what is understood to be a multimillion deal, as it sets its sights on major clients including the big banks.
Brawling with other businesses is something that very few entrepreneurs think of when starting up. But the issue of disputes is becoming an increasingly pressing problem for start-ups, many of which can’t afford costly legal battles.
When you start a business, it isn't just about what you do well that ensures your path to success, but also what your customers do well.