ASK GENERAL ELECTION CANDIDATES, “DO YOU SUPPORT #PAYIN30DAYS OR LESS?”.

After 30 years of campaigning for #payin30days or less, today, there is a £30 billion cash flow logjam caused primarily by a few hundred of the largest companies in the UK because of their UNFAIR PAYMENT TERMS and PRACTICES.

It means that all #startups, 5.2 million self-employed people, and micro business owners have to wait over sixty days for payment for goods and services satisfactorily delivered.

Small and micro businesses that will pay as soon as possible, certainly within 14 days if they can, are forced by the cashflow logjam to say to their suppliers, “We’ll pay you when we’re paid”.

These unfair payment terms and practices allow the Financial Services sector to make £billions from small and micro business owners owed money, as they have to use credit cards, loans, invoice discounting, credit control, debt collection, invoice discounting, factoring, asset finance, legal recourse and so forth to make ends meet.

It causes serious debt and depression.

It strangles hundreds of thousands of new businesses at birth.

It’s easy for a new Government to stop the debt, depression, and strangling of lives and livelihoods caused by unfair payment terms (45 – 120 days) and practices.

They can halve the time it takes for all #startups, 5.2 million self-employed and micro-business owners to get paid for products and services delivered by THIS POLICY >>>>>

They have to say to the FTSE 100 largest and sector-leading companies that:

“The Government will not contract with you, buy from you, license you, fund you, bail you out, help you or accept tenders and lobbyists from you UNLESS YOU #PAYIN30DAYS or LESS ALL YOUR SUPPLIERS ALL THE TIME.”

After that they can say they will not accept tenders or proposals from any company not signed up to the Prompt Payment Code for ALL suppliers. of any size.

In most countries, good business practices and recognition of the importance of the survival and growth of small and micro businesses ensure #payin30days or less without legislation. The EU is legislating for #payin30days or less, and there is legislation in many countries, including Australia and New Zealand.

Our proposal does not require new legislation but requires the government to use its influence with a few hundred of the largest sector-leading companies so that 5.5 million businesses can be paid within thirty days.

For three decades, we have been campaigning for this. 😎

5.2 million #microbizmatters
4 million children in #poverty matters
3 million #ExcludedUK matters
ALL #startups matter

How would MPS feel if they were paid in 68 days when all their bills have to be paid monthly?

PLEASE SEND THE LINK TO THIS POST TO ANY PROSPECTIVE MPs YOU KNOW AND ASK THEM WHETHER THEY SUPPORT #PAYIN30DAYS OR LESS.

THANK YOU.

About Tony Robinson OBE

Co-author "The Happipreneur" & performs the "Be More Happipreneur" Show in Companies, Universities, Conferences, Hotels, Theatres, Festivals etc. Co-Founder of The Micro Business Alliance (England) Co-Chair of Yorkshire in Business Limited Patron, John Cracknell Youth Enterprise Bank Director, Organisation for Responsible Businesses The #MicroBizMatters Champion Author (poetry, fiction and non-fiction) Campaigns: #PayIn30Days; 5.3M #MicroBizMatters; 3M #ExcludedUK Website & Contact: https://TonyRobinsonOBE.com YouTube: https://www.youtube.com/c/TonyRobinsonOBE/videos Wikipedia: https://en.wikipedia.org/wiki/Anthony_Charles_Robinson

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