Chinese real estate company Evergrande is struggling to pay down its debt and maintain enough cash flow to stay afloat. And that means that its suppliers are also struggling. Late or non-payments from a large company can wreak havoc on their smaller suppliers, as Evergrande's suppliers have realised. But things don't have to be this way. In this episode, RIABU’s Simon Littlewood and Mark Laudi share more about how suppliers can handle customer relationships in order to protect themselves and their business. Read more about this topic here.
Why understanding your customer’s internal payment process is vital
Negotiate your contract price at acceptable profit margins
Customer intimacy is about nurturing relationships at all levels
How UK SMEs can deal with rapidly rising input costs
Borrowing money can’t solve SMEs’ cashflow problems anymore, but operational efficiencies can
If you want customers to follow payment terms, internal stakeholders need to sing from the same hymn sheet
How clear communication can get you paid on time
Payment of invoices on time benefits all stakeholders
The important link between environmental sustainability and cash flow
Outlook for SMEs in China, UK, and eastern Europe
More UK companies are going bankrupt
How to reset your customer relationships for 2022
Singapore vs Hong Kong: Which city‘s SMEs are better at getting paid on time?
The true cost of late payments
Tech is not a silver bullet for invoicing problems
Why so many businesses fail in their first year
Using technology to better your customer relationships
How to stop draggy payments
We speak to someone who actually gets paid on time!
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