Don’t let your business debt overpower you
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 […]
How to: Be more productive
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 […]
A reliable cash flow doesn’t always indicate growth
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 […]
Control your finances to guarantee success
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 […]
Always be one step ahead
Business is competitive and so it is crucial that you plan ahead. Seasonality can have a huge influence on your business’s success so it is important that you try to stay one step ahead. Seasonal marketing can help you to stay ahead of the competition. Make the most of seasonal events, offer your customers discounts […]
How to: deal with clients that ignore you
It is an unfortunate truth but all businesses will face clients that avoid payment, make excuses and dispute invoices, but what about clients that avoid contact at all times, they don’t reply to emails and sends you to voicemail whenever you call. At Commercial Domestic Investigations we wanted to review the options available to you. […]
4 reasons to hire a collection agency
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 […]
The start of a new financial year…
April brings a very busy time for businesses, it is the end of another (hopefully successful) financial year meaning accounts need to be updated, checked and filed with all the necessary documents, however it also brings the beginning of a new financial year. With such a busy time, important tasks can fall to the wayside. […]
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 […]
