>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 [...]

Load More Posts

“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

Small Firms Association Press Release

February 27th, 2017|

The Small Firms Association (SFA) is partnering with the Government on the new Prompt Payment Code Portal, which is being officially launched today, Monday, 27 February 2017, by the Minister for Small Business, Pat Breen [...]

Load More Posts