A new study has found that SME’s are failing to report more than £260m of fraud every year. A report carried out by law firm Slater and Gordon discovered that a huge 18% of SME’s that fell victim to scams, did not alert the authorities. The reasons for not reporting the fraudulent activity are varied…

More often than not we are eager to please our bosses, if you got an email like this “Hi are you busy? I need you to make a BACS transfer urgently, let me know when you are free and I can send you the details, thanks.” The message seems normal enough, and you wouldn’t want…

We have all heard about personal credit scores and how they can affect our financial futures, but many people are unaware that their business has a credit score too. Building a good business credit score can help secure loans and agree payment terms with suppliers. Here at Commercial Domestic Investigations we know how important it…

A common issue in business are unpaid invoices and missed payments. Every company experiences them and typically the assignation of an employee on the phone to chase these payments does the trick, but what about when those payments start to spiral, people back out on “promises” of payment, debtors avoid calls and new clients have…

Here at Commercial Domestic Investigations we appreciate that one of the largest challenges that you face as a business is credit control. A lot of SME’s don’t have the time to spend hours chasing debts but there are some quick ways of being able to keep a handle on your debts. Review your sales ledger…

With £5.8bn written off by British SME’s in the last financial year, it has never been more important for companies to get paid. The average UK business spends over 130 hours a year chasing invoices. As your business expands the more clients you have; which is great however the more payments you have to keep…

To SME’s, customers are crucial. Building a strong, trusting relationship is vital to your company’s growth. Maintaining the relationship is just as important, a common concern amongst SME’s is how to chase up debts without putting their customers off using their services again. This is not a problem faced by a minority. In a survey…

It is an inevitable part of any business that at some point companies will have to recover outstanding debts. With £5.8bn written off by British SME’s during the last financial year, it has never been more important to have a solid, debt recovery plan in place. Communication is key Keep in contact with the people…

Here at Commercial Domestic Investigations we recognise that a good cashflow can make or break your business. With SME’s faltering all over the UK due to payment problems and bad debtors, a good cashflow can make all the difference. We wanted to give you some tips to maximise your cashflow. Where possible, ask clients to…

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