As the director-owner of a small (but, I like to think, beautiful) business myself, I completely understand that feeling that there aren’t e

If you pay late, suppliers will eventually respond by shortening your payment terms, maybe even to the point of requiring payment up-front.

As someone who was a partner in a law firm and then Head of Commercial in an advanced engineering business, I am occasionally asked what the difference is between “legal” and “commercial”. This question matters more than you might think. Without a proper understanding of both legal and commercial – and how they fit together – the risk organisations run is that, at best, results won’t be as big or robust as you want and, at worst, you will end up doing something fundamentally