Why credit checking is a must for every business
In this blogpost the team at Commercial Domestic Investigations want to look back at when we made the news in 2014. As well as Commercial Domestic Investigations featuring in The Times and The Guardian. We also featured on the Reuters news service. The Reuter’s article talked about why prevention is always better than the cure […]
Reasons to use credit reporting
At Commercial Domestic Investigations we’re renowned in the credit control and debt collection industry. Credit reporting is essential to maintaining good business cash flow, and in this post we’ll highlight why this is a must in todays business world. Prevent bad debts It goes without saying that this is key to good business cash flow. […]
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 […]
What Should an Invoice Include?
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 […]
Invoice Finance is Now Critical SME Financing Vehicle
If your clients refuse to settle their invoices, it is important that you plug the cash flow gap, so you have the money required to support your company’s day-to-day operations. Increasingly, new research has shown the Commercial Domestic Investigations team that UK small to medium-sized enterprises (SMEs) are turning to ‘invoice finance’ to shore up […]
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 […]
How Could Brexit Affect UK SMES?
At 52% to 48%, the UK recently voted to leave the EU (often referred to as ‘Brexit’). Commercial Domestic Investigations understands that many small to medium-sized enterprise (SME) owners are concerned that this may negatively impact their financial situations. A number of authoritative UK institutions have now spoken out to explain how Brexit could affect […]
Which Premier League Football Teams Are Best At Paying on Time?
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 […]
