A whinge

Often information comes your way that provides an interesting juxtaposition. So on the same day that the Law Society reported that small businesses have to wait for 71 days on average for invoices to be paid, a survey from Unum claimed that yer average UK employee could survive for only four weeks without full pay. Only around a quarter of those surveyed thought they’d get through for longer without having to seek help.

Now this is interesting, because assuming that accountants were represented in the Unum survey, it would appear that they believe it is OK to impose conditions on small business owners way beyond what they themselves would find tolerable. Ask any small business owner what is their biggest challenge and they’ll tell you it’s getting paid. It’s clearly time for the Government to stop ‘encouraging’ prompt payment of bills and start enforcing it.


7 Responses to “A whinge”

  1. 1 Stephen Foster July 24, 2010 at 9:46 am

    That beard suits you.

  2. 2 markelt July 24, 2010 at 11:19 am

    That is how I see myself

  3. 3 Stephen Foster July 25, 2010 at 12:26 am

    Who is it? He looks like a headmaster who would give the kane to Billy Bunter.

  4. 4 Bilbo July 25, 2010 at 7:55 am

    I know him but I can’t put name to him. He was/is a famous actor.

    He looks better than the Pope anyway.

    This piece is so true. It IS time the government introduced compulsory deadlines for payments to small businesses. This one reckons they’re going to promote growth. They can double the growth in one simple step…bring out a law that all bills for businesses employing 20 people or less must be paid within 28 days…or else!

    Just thought. Eli with a beard is James Robertson.


  5. 5 markelt July 26, 2010 at 12:47 am

    It is James Robertson Justice who played soft centred curmudgeon Lancelot Spratt in the Doctor films with Dirk Bogarde.

  6. 6 Big Ramifications August 23, 2010 at 12:12 pm

    I had a moment of epiphany a short time ago thanks to my Irish boss. We’re both accountants working in Australia.

    “Tesco does not sell groceries, they manage money.”

    Notorious, deliberate late payers, according to him. This came up in discussion with him when I naively asked of a successful ASX listed company whose account was almost delinquent “why can’t they just pay?”

    Embarrassed to say this had never occurred to me before, but the tactic seems to be rife over here, too.

  7. 7 markelt August 23, 2010 at 12:19 pm

    Tell me you weren’t searching ‘whinging poms’ when you came across the blog? 🙂

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