Starting your own business is exciting, but it can also be overwhelming. There are a lot of decisions to make and tasks to take care of, and sometimes things can slip through the net. It is not uncommon for a business to experience hard times. When you’re starting out some people may take advantage, you…

Client relationships are of the greatest importance to (most) businesses, so the decision to hire a debt recovery agency can be a tough one. You don’t want to damage these relationships or your reputation however you also don’t want to have a shortfall of cash every month. There are many types of agency out there;…

Summer usually see some employees taking a well deserved break and enjoying some sunshine, however there are some things that you need to take care of to avoid a post-holiday headache. Scheduling payments You’ve had a great, relaxing summer holiday and you come back to work feeling refreshed. The last thing you want to see…

To become effective in your role, it is important to know what you should be doing. At Commercial Domestic Investigations we regular share our advice on how to be effective when chasing and collecting payments, however if you can master the common mistake that credit controllers can make, then you will be well on your…

An accounts receivable department is crucial for your business’s success. They are responsible for paying employees, dealing with daily expenses and contribute to the growth of your company, but an accounts receivable department cannot do all of this is invoices are being left unpaid. It is vital that you attempt to make your accounts receivable…

When starting your own business, it’s easy to believe that you can stay on-top of every task but that is not always the case. Staying ahead of your finances can become difficult as your business begins to take off, but your ability to manage your money is a reflection of well you can manage your…

At Commercial Domestic Investigations, we work with many clients that struggle with late payments; they are an inevitable part of business. However, we are alarmed at a number of businesses that have previously chosen to completely write off debt. This can be hugely damaging to a company so we wanted to share some ways to…

It is tough for a new business to be successful, but of the many reasons that a business fails, cash flow is the main culprit. As a new business owner, it is your responsibility to ensure your personal finances are in order before you set-up your business. You may not be aware but your personal…

In today’s business climate nothing is for certain, things can change overnight and this uncertainty stretches to the credit control industry too. As an SME, debt recovery can be difficult even in the best economic times, so when people begin to struggle it can become near-on impossible to collect an overdue invoice, sometimes the only…

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