Hiring a recovery agency
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; […]
£5.8bn written off by British SMEs
Commercial Domestic Investigations realise that when you are running a business, having a good cash flow is essential to growth and expansion. If your company falls victim to bad debtors it is difficult to continue to operate. In analysis carried out by Direct Line for business, it was found that SMEs over Britain collectively wrote […]
Study Sheds Light On UK Small Business Bad Debt
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 […]
UK Sole Traders Struggle With Abandoned Late Payments
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 […]
UK SMEs Continue to Struggle with Bad Debt
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 […]
Some Plumbers Struggle with Late Payments
With the UK experiencing a skilled trades shortage, more people are choosing to go into professions such as plumbing. Becoming a plumber can serve as a profitable career path, but it is not without its challenges. Commercial Domestic Investigations discuss new research that has shown that some British plumbers struggle with late payments. Profitable trade The UK […]
Half of British Freelancers Consider Quitting Because of Late Payments
Here at Commercial Domestic Investigations, we understand that late payments are a key concern for UK small business owners. An unpaid invoice can deprive small companies of the vital cash flow needed to fund operations, making it harder to do business. Around half of UK freelancers, a new survey has found, have actually considered quitting […]
How is Late Payment Affecting You? – Infographic
At Commercial Domestic Investigations we know that prompt payment plays a big role in a healthy cash flow for SMEs. We’ve worked with all sizes and types of businesses, and with over 20 years’ experience in collecting debts for our clients and assisting with credit control, we know just how important cash flow is to […]
SMEs Could Replicate Australian Late Payment Model
Here at Commercial Domestic Investigations we know that managing cash flow is key for small and medium enterprises. We’re always on the lookout for any news surrounding late payment, as we know this is one of the top contributors to any cash flow problems. Recently The Guardian reported on how the Australian model for tackling […]
My Clients Won’t Pay Me
At Commercial Domestic Investigations we deal with all types of debt on a daily basis, and we know that clients not paying up is an all too familiar problem. As a SME owner, you’ll experience all kinds of attitudes to debt. Some of your clients will pay promptly with no problems, and some will hold […]
