Unfortunately, calling a client and demanding payment is not an effective way to collect a debt. Not only does it look unprofessional, you can end up scaring off your customers. It is difficult not to become cynical when working in credit control but remember that some customers will have a legitimate excuse for not paying…

Commercial Domestic Investigations understand that as a small company owner,  it is in your best interests to chase late payments to avoid accruing bad debt. Should your company be deprived of revenue, you could find it hard to fund operations, limiting growth potential. A new study has shown Commercial Domestic Investigations that a majority of…

If you are a sole trader, it is crucial that you chase down unpaid invoices. Failing to pursue this strategy will force you to deal with bad debt. This can depriving your company of the cash it requires to support operations day-to-day. Commercial Domestic Investigations has learned that abandoned late payments are a real problem…

As a UK-based small business owner, it is key that you deal with unpaid invoices. A poll carried out by Xero indicates that small company heads spend 10% of their working days chasing down late payments, waiting 14 days past the invoice due date on average to receive the funds they are owed. Recovering late…

As a small business owner, it is key that you ensure your clients pay on time, so you have the steady stream of capital needed to support operations. In order to ensure clients settle invoices promptly, learn how to write invoices, so they have no excuse to delay payment. Commercial Domestic Investigations asks: what should…

The Commercial Domestic Investigations team understands that British small business owners cannot afford to let late payments go unchallenged. A new study has found that UK small company owners are spending a significant amount of time on chasing unpaid invoices. Major business concern The research was carried out by Xero, an online small business accountancy…

Here at Commercial Domestic Investigations, we understand that late payments are a significant issue for small businesses across the UK. If clients fail to meet invoices within the specified time frame, you cannot develop the healthy cash flow required to support operations and grow. It is critical that you make sure clients pay you on…

Commercial Domestic Investigations recognises that many British small to medium-sized enterprises (SMEs) rely on bigger companies, such as Premier League football teams, for vital revenue. When these companies delay payment, it impacts cash-slow, so it pays for SMEs to know which firms have a habit of meeting their invoices on time. Looking at a new…

Commercial Domestic Investigations know that bad debt is a serious issue that affects a large number of small and medium sized businesses throughout the UK.  According to R3, the insolvency industry trade body, more than 100,000 UK SMEs are owed an estimated £16 billion by insolvent companies. Bad debt is a problem which affects businesses…

Here at Commercial Domestic Investigations we’re always keeping up to date with late payment news. We understand how much of a problem late payment can be, and how badly it affects your cash flow. This week a new report from specialist outsourcer Echo Managed Services found a new cause of late payment. The report found…

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