One of the largest issues for small businesses at the moment is cash flow and late payments, and with the current situation with the postal strikes, this problem appears to be getting worse.
Recent statistics show that the economy is slowly progressing and the strikes are giving business owners more cause for concern yet again.
The Communication Workers Union (CWU) were to vote on the 17th September on the strike action planned in the future.
The Strikes originated over disputes between the CWU and Royal Mail after a proposal to cut 121,000 jobs and reduce pay of frontline workers across the company.
The CWU said it was prepared to call off all strike action if the Royal Mail agreed to stop all redundancies.
Business owners across the country have already been affected, with invoices and cheques failing to arrive on time, leaving small businesses short of cash and increasing the risk to extend overdrafts.
Royal Mail says nine million letters and parcels UK-wide have been affected by the strikes, although the CWU estimate the figures to be at least 20 million.
The result of the ballot on a national walkout is to be announced on either 8th or 9th October.
