Late payment crisis for small business

By | 2017-09-21T13:25:33+00:00 September 21st, 2017|Uncategorized|

Small business is at the mercy of large organisations. The latest survey undertaken by Zurich insurer shows that large organisations take advantage of their subcontractors. According to Zurich insurers, small business owners faced up to 53 per cent overdue payments - payments due by large organisations. Almost half of small businesses have to wait three [...]

Comments Off on Late payment crisis for small business

Subcontractors struggling to get invoices paid

By | 2017-09-17T13:32:00+00:00 September 17th, 2017|Uncategorized|

Recent statistics show that 62 per cent of invoices for subcontractors in the UK are not settled until past due date. This is according to MarktInvoice business lender. The report spent 5 years tracking 30,000 invoices across 80 countries. One in five invoices sent by SME's in the UK remain unsettled until two weeks after [...]

Comments Off on Subcontractors struggling to get invoices paid

3bn pounds bad debt written off every year by subcontractors

By | 2017-09-04T13:26:59+00:00 September 4th, 2017|Construction Subcontractors|

Construction industry Subcontractors are in the unfortunate position of having to write off an average of approximately 16,000 pounds each year in the UK. Bibby,the financial services firm, surveyed 250 subcontractors.  They found that these construction firms were often subjected to disputes with their main contractors or clients once work has been completed. The subcontractors [...]

Comments Off on 3bn pounds bad debt written off every year by subcontractors

What is fibre-optics?

By | 2017-06-01T11:30:48+00:00 June 1st, 2017|Fibre Optics Cable Installation|

Optical fibre is only marginally thicker than a human hair and is made by drawing out glass or plastic to the required thickness. Optical fibres (or optical fibers) are most commonly used to send light from one end of the fibre to the other. They are also used widely in fibre-optics communication. When used in [...]

Comments Off on What is fibre-optics?

Irish National Broadband Plan – Irish rural homes and business

By | 2017-09-21T13:23:13+00:00 April 21st, 2017|Uncategorized|

The Irish National Broadband Plan is moving forward with three bidders having been shortlisted by the government. Eir, Enet and Siro will be able to proceed to the stage of bidding for the contract. The National Broadband Plan will be a lucrative contract spanning 25 years. Up to 927,000 homes and businesses in rural Ireland will [...]

Comments Off on Irish National Broadband Plan – Irish rural homes and business