Tag: Australian Small Business Ombudsman
New national research shows SME average payment times are double what Ombudsman is seeking,...
The average SME is waiting 56 days to be paid – almost double what Ombudsman Kate Carnell is seeking big business to commit to – and it is smaller businesses who are most impacted.
New data from Xero shows big business is causing cash flowgap for small businesses
There’s no doubt that small businesses are a core part of the Australian economy but when big businesses fail to pay on time, small businesses are forced into what we call a ‘cash flow gap’.