About this episode

The episode discusses the challenges of late payments for small business owners and features Jenni Sampson sharing a credit control system to improve cash flow.

Get the Late Payment Calculator: https://chargeservices.co.uk/late-payment-calculator Find out more about the One Percent Club: https://www.bigidea.co.uk/one-percent-club In this episode: 0.00 - Introduction 1.04 - What impact does late payment have on small business owners? 2:59 - A sale isn't a sale until the invoice is paid 6.11 - Charging interest on late payments 10.41 - Prevention is better than cure 14.26 - You're not in the wrong to ask for your money! 16:22 - Will the Small Business Protections (Late Payments) Bill actually help small businesses? 18.22 - Paying tax on "profits" you haven't actually received! 20.15 - Sacking off work for a Friday afternoon at the soft play. 23.30 - What does an ambitious lifestyle business look like for Jenni? Late payments are horrible. Not just because they muck up your cash flow. But because of the "ick" attached to them. The awkwardness of chasing. That "am I being too pushy?" feeling. The ridiculous situation where you've done the work, but somehow feel bad asking for YOUR MONEY. There's often a gap between sending invoices and actually getting paid. Jenni Sampson helps reduce that gap - and reduce the "ick" too. In this episode of…

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