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Credit Management magazine October 2017

THE CICM MAGAZINE FOR CONSUMER AND COMMERCIAL CREDIT PROFESSIONALS

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EDITOR’S COLUMN<br />

Move over celebrity – let’s see<br />

what a real businessman can do<br />

Sean Feast<br />

Managing Editor<br />

IT has been a long time coming,<br />

but the Government has at last<br />

completed on its promise to<br />

appoint a new Small Business<br />

Commissioner tasked with<br />

‘empowering small businesses’.<br />

The role, so I gather, will be ‘crucial to<br />

supporting small businesses resolve<br />

disputes with larger businesses and will<br />

help drive a culture change in payment<br />

practices’.<br />

Firstly, I must congratulate Paul Uppal<br />

on his appointment. Frankly, I’ve never<br />

heard of him, though I’ve since learned<br />

that he has 20-years’ experience as a small<br />

business owner in the real estate sector,<br />

where he saw how even sound businesses<br />

could struggle when faced with a culture<br />

of late payment by customers. (I’ve been a<br />

small business owner for longer than that<br />

but no-one came knocking at my door.<br />

Perhaps it was that letter I wrote to Mr<br />

Callaghan when I was still at school?)<br />

Secondly, I’d like to congratulate the<br />

Government on resisting the temptation to<br />

appoint yet another ‘celebrity’ to the role.<br />

After the likes of Lord Sugar (you’re fired!)<br />

and various Dragons’ Den cast-offs as<br />

similar (if not specifically identical) small<br />

business ‘champions’, it’s good to have<br />

someone less high profile, though I have<br />

an inkling that as a former Member of<br />

Parliament, Mr Uppal will have an inside<br />

track that may work to his advantage!<br />

While I remain optimistic, I am already<br />

concerned by the tone of Greg Clark’s<br />

announcement that up until this moment,<br />

no-one has ever done anything to tackle<br />

late payment, or drive a culture of better<br />

payment practice. Has everyone forgotten,<br />

for example, the Better Payment Practice<br />

Group, ultimately brought down by a lack<br />

of funding from, yes you’ve guessed it,<br />

the Government! I worry also about his<br />

‘small company good, big company bad’<br />

approach, and the oft-repeated mantra<br />

that small businesses are the backbone of<br />

the economy. Thank you for that insight.<br />

But I suppose what really concerns<br />

me is the lack of any reference to existing<br />

tools that are already in place and would<br />

be more widely known and often used<br />

if only the Government would invest in<br />

their promotion. I have said before, that<br />

Government should stop re-inventing the<br />

wheel, or looking for a silver bullet, and<br />

work harder with what they’ve got.<br />

It is, I should be clear, only my personal<br />

view, but I hope the Commissioner’s role<br />

does not turn out to be a gimmick; one<br />

man cannot change a culture, but he can<br />

act as the conduit for bringing together<br />

those with real knowledge and experience<br />

of credit management and listen to what<br />

they have to say. Let’s hope he’s in a<br />

listening mood.<br />

The Recognised Standard / www.cicm.com / November <strong>2017</strong> / PAGE 4

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