Christmas is around the corner – keep calm and get paid.
Once September comes around we seem to fly through October and November and then all of a sudden, in the blink of an eye, it’s Christmas and you’ve only done 70% of what you had planned. We find our companies descending into holiday chaos, staff are getting into the festive spirit, productivity seems to dip […]
When is the right time to issue a CCJ?
In today’s business climate nothing is for certain, things can change overnight and this uncertainty stretches to the credit control industry too. As an SME, debt recovery can be difficult even in the best economic times, so when people begin to struggle it can become near-on impossible to collect an overdue invoice, sometimes the only […]
Can you reduce your business debt?
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 […]
Avoid the spiral into insolvency
Insolvency is impacting thousands of businesses every year, and obviously, it is the last thing that you want to happen to your business. Unfortunately, in a world of late payments and unreliable clients, it is easy for your business to spiral into insolvency if you are not careful. Fortunately, there are some things that you […]
Get ready, Black Friday is coming!
Black Friday is one of many American traditions that has been adopted by the UK. Every year, the fourth Friday of November sees millions of people head online and to the high street. In general, it’s the bigger businesses that make the most of Black Friday while many SME’s can let the opportunity pass them […]
Become a Creditworthy Company
At Commercial Domestic Investigations, we wanted to share the steps that you should take when it comes to making your company creditworthy. Common credit control procedures now include a credit report, if that returns unfavourable information then it will be your business that misses out. Making sure that your business is viewed as creditworthy is […]
Top considerations to make when starting a new business relationship
Business used to be simple, but as the years have gone on it have become easier for companies to hide unfavourable information or portray themselves as trustworthy. The number of insolvencies is getting larger every year, and that means that businesses are being more cautious than ever. Protocols have changed, the days of speaking with […]
Make the most of Small Business Saturday
As a small business, it can be difficult to compete with the low prices and stock levels of bigger companies, especially in the run-up to Christmas. In 2010, American Express introduced Small Business Saturday, a day that promoted small businesses all across America. In 2012, the United Kingdom decided that it was time to follow […]
Your customers expect you to know them
As consumers, we are more demanding than ever. We want a quick, professional and personalised experience. This is not only due to our busier lives but advances in technology and big data mean that a slicker experience is now expected. Providing an excellent customer experience gives your business the opportunity to stand out from the […]
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 […]
