Good Business Pays TV
We need to come together to stop late and slow payments that hit small businesses and hold back the UK economy.
Good Business Pays CIC was founded in early 2021 as a response to the growing cashflow problems for small businesses in the UK. We shine a light on "what good looks like" in terms of payment culture. To do this, we created the Fast Payer Awards, an annual accreditation and award given to companies that pay their suppliers fast (i.e. in well under 30 days) and pay almost all of their invoices within agreed terms (i.e. more than 95%).
GBP TV aims to highlight the issues created as a result of a culture of late payment, and importantly share good practice from across industry to promote discussion, debate and so we can all learn from the best and encourage others to improve their payment culture too.
Good Business Pays TV
Late Payment Challenges for Small Businesses with Andrew , Chief Executive Officer of Synapx
This podcast is one of a series of Good Business Pays interviews with Intuit QuickBooks customers. All are small business owners who describe their business, challenges and their experience of late payment.
This episode features Andrew Price, Chief Executive of Synapx, a London-based technology and consulting firm providing a range of services with a focus on Microsoft Power Platform consulting.
In this wide-ranging discussion, Andrew talks about how he set up and grew his business, now more than 40 people operating in the heart of the financial district of the City of London. Andrew talks about the issues caused for his business by late paying clients, but also how fast and fair payment has helped as well as offering great examples of how to negotiate fair contract terms.
For more information, including company payment data, resources and campaign information, visit goodbusinesspays.com
