You will most likely have to deal with business debt at some point if clients do not pay on time then it can cause havoc with your cash flow, leaving you unable to pay your bills. Handled correctly and your business debt doesn’t have to damage your company. Loans Before doing anything, you should review…

Running a business is difficult, there is always something or someone needing your attention, meetings to hold, staff to manage and an inbox full of incomplete work to worry about. It can seem like there aren’t enough hours in the day. However, by becoming more productive, you can get a lot more done in less…

Unpaid bills are a problem that businesses face on a daily basis. Some clients have a valid reason for not paying on time others; unfortunately, will try to get something for nothing. A debt recovery agency like Commercial Domestic Investigations can help you to quickly collect this debt, minimising the impact on your business. If…

Without a doubt, a steady cash flow is a necessity when it comes to a business’ success, however; cash flow does not have to influence your growth, generosity can make a huge difference. Too much generosity with your pricing or your payment terms will do more harm than good but be smart, and you will…

It can be difficult to know which customers are worthy of credit. The best way to avoid late or missed payments is to request a credit check on potential clients. A credit report gives you access to business’ key financial information; this information can help you to make a decision about who to work with…

In all likelihood, your business will operate on trade credit. This can be a great resource for your company and can help you to grow. However, miss payments and you can spiral into debt very quickly. So, not only will you be in debt but suppliers will begin to cut you off, and your business…

Ups and downs are an inevitable part of business and not always something to be concerned about. It is vital that you can identify the mountains from the molehills, this can mean the difference between staying afloat and sinking. Outgoings more than incomings Forecasts may be dull, but they form the foundation of good credit…

If you are a B2B company, then you rely on trade payments to survive. Unfortunately, late payments have become an accepted part of the credit control process; this shouldn’t be the case; late payments should be avoided where possible and fought. To go some way towards eliminating late payments some businesses are implementing an obligatory…

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