The IBF is grateful to its Patrons, without whom the association would not be possible

 

 

 

 

 

 

 

 

 

 

 

Running any form of business, particularly in a difficult economic climate, is not that easy - and owners of businesses definitely have their own particular issues. It was for this reason that the IBF formed a working group that would look at ways of supporting the Owners in its membership.

During the last roundtable event, we found that the biggest challenge that most group members have in today’s difficult business environment is getting paid for their services/products in a timely manner - particularly when their customers are major multinational companies that are operating on near impossible payment terms. As a result of these discussions, the IBF is preparing a ‘Prompt Payment Policy’ (“PPP”) seal for its members to sign up to; the seal will be available to all companies that agree to be informally bound by a ‘thirty day maximum payment period’ to use on their marketing materials and wherever else they see fit, as a way of driving yet more business between each other.

If you would like to get involved in the Business Owners Group, please contact info@ibforum.cz.