Bombardier took 223 days to pay a caterer. Here’s what you should do to avoid this.

Bombardier has been criticised for making a £5,600 payment to a caterer after half a year, much longer than its own payment terms of 60 days. RIABU’S Simon Littlewood tells Mark Laudi what SMEs can do to avoid being in such a situation, and it is simple – just have the initial conversation. Listen to find out how to have the initial conversation with your new customer.

We contacted Bombardier for their side of the story but we did not receive a reply.