When you are running a business, it can be tempting to take care of every task yourself. You have spent time building your business and don’t want to let other people be responsible for important decisions. The aim of most businesses is to become successful and as the company grows so will the number of…

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…

If you are running a small business, traditional job roles tend not to apply, every team member carries out a multitude of work to keep running costs down, but as you become more successful and your business begins to grow it becomes necessary to have specialist staff or departments to be solely responsible for certain…

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…

Credit control is a difficult and time consuming process, having to keep track of invoices, payments and clients that are over their payment terms. There are collection agencies, like Commercial Domestic Investigations, that can assist your debt recovery if it becomes contentious but there are some simple steps that you can take to become more…

It’s common knowledge in the credit control industry that the longer an invoice remains unpaid, the more difficult it will be to collect. At Commercial Domestic Investigations we have shared our tips and advice about how to avoid late payments and what you can do to encourage customers to make a payment. Some problems are…

Credit control forms the foundation of any business, without it your business will fail. That is why it is important for your credit control department to run smoothly and efficiently. Hiring a collection agency means that they can deal with pesky debtors and customers that are avoiding you, allowing you to spend time on more…

In an ideal world, we all like to believe that we can build a new relationship with a client and it well be long lasting, fruitful and never run into trouble, but sadly we don’t operate in an ideal world and the truth is, client relationship can become damaged for a number of reasons, if…

If you are taking on new clients, and have a lot of money coming into your business account it is not always enough, if your customers don’t pay you then your business will struggle. There are some common issues that businesses face when collecting commercial debt and you shouldn’t feel alone, nearly every business has…

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…

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