Don’t fall behind with new legislation…
I don’t know if you’ve heard, but new legislation has been introduced by a Labour peer to tackle late payments.
Lord Mendelsohn has proposed a bill which would give a 30-day limit for all invoiced payments. This would allow accountants to impose large fines for repeat offenders.
Finally, someone sticking up for the small Accountancy business owner.
You need to make sure the same diligent legislation is in place when you acquire an Accountancy practice.
You may not know what that legislation should be though…
Download our eBook The 3 Biggest Mistakes Made When Selling Your Accountancy Firm, now.
It will give you all the information you need to exit the industry properly.
Don’t create your own legislation when you don’t need to.
Best wishes,
Steve Hagues
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PPS Want to know what the market is doing right now? Click here, our expert consultants are here to update you with all the information you seek!
