Join the pledge supported by many Entrepreneurs around the UK plus the Lichfield & Tamworth Chamber of Commerce.
‘Pay in 30 Days’ is an initiative which has been launched by Tony Robinson OBE and has been adopted as the main policy of the Lichfield & Tamworth Chamber of Commerce and is designed to tackle late payment – one of the biggest issues facing the area’s small and medium enterprises.
“Late payment is stifling growth. Small and micro businesses are the lifeblood of the economy and it’s vital that they thrive. I’ve known firms to go out of business while waiting for large invoices to be settled and it’s just not acceptable. Some companies drag out paying as long as they can and it needs to be addressed.
In 2017 an estimated £25 Billion Pounds was owed to companies over 30 days.
If all businesses worked together to help stop late payments it can improve the economy massively. It will also promote better business ethics and more profitable businesses.
Video – James Blackman owner of Cocoonfxmedia Ltd & CocoonFMS Ltd
Support the pledge today.
The Board of Lichfield & Tamworth Chamber of Commerce & Industry have pledged their support to pay suppliers within 30 days or within the agreed terms of the contract and encourage the members and local businesses to support this pledge.