One in five businesses unaware of costly fees to process payments

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A SHOCKING one in five small business owners are unaware of how much money they lose each time they are paid for work. A study of 250 small business owners found four in ten use a payment company t…

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A SHOCKING one in five small business owners are unaware of how much money they lose each time they are paid for work.

Just under one in ten payments are more than a month late, causing chaos for those attempting to balance the books. “After all, most small businesses were set up with people who had a great idea for a product, or a particular passion – not by people who love financial wrangling.

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