The notion of a late payment problem for businesses is as old as business itself. From the early days, getting paid has been one of the cornerstones of successful businesses all over the world. The late payment problem continues to cause issues for businesses of all size and stature, butRead More
Think about it. 3rd party collection agencies are a no-brainer. In your business, do you anticipate people to not pay you. Of course you don’t. So that means that when people don’t pay you (and they inevitably won’t), that this is taking up valuable time away from you as aRead More
Credit control support is a method used by small-medium sized businesses to assist in collection of overdue accounts. As a result, the action improves a business’s cash flow. Credit control is a very important factor in a business’s overall success and is often regarded as the lifeblood of any company.
3 Accounts Collection Tips that Guarantee Success
Company owners and Directors face many challenges with Accounts Collection throughout their time in business, but without doubt the single most important challenge is a shortfall in cash. This is why cash should be the no.1 priority for all Owners and Managers involved in
Many businesses we come across are successful in their industry, but despite this success in achieving fantastic sales figures, they often fail to realise that only once a customer has paid is the sale worth anything to the business. This is where a good collection agency can help your businessRead More
Businesses are built to grow. But most businesses can go through a period of struggling to pay – and collect – their debts, particularly around the summer holiday period when staff are on holiday and no-one is around at your customers workplace to pay your invoices. If this all soundsRead More
When you own a small business, you don’t have time to deal with bills and recovery of business debts after they turn sour. You’ll just end up losing more precious time and money, even if you do collect your debts in the end. Being prepared for late-paying customers is anRead More