Extract . . .
According to recent research from Dun & Bradstreet, businesses are taking a whopping 52.1 days, on average, to settle their debts. The main culprits are large companies with over 500 employees, placing a crushing burden on small firms. All of this is, of course, avoidable. Christine Christian, CEO of Dun & Bradstreet, says that small businesses have gotten worse at chasing late payments.
Read more here:
http://finance.ninemsn.com.au/smallbusiness/funding/8205275/top-10-excuses-for-late-payment-and-how-to-tackle-them
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