How to: Negotiate with debtors
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 […]
Small Business Owners Spending Time Chasing Late Payments
The Commercial Domestic Investigations team understands that British small business owners cannot afford to let late payments go unchallenged. A new study has found that UK small company owners are spending a significant amount of time on chasing unpaid invoices. Major business concern The research was carried out by Xero, an online small business accountancy […]
How to Keep Cash Flow Healthy
Whether you’re a sole trader, small or larger SME – Commercial Domestic Investigations understand that cash flow is king to your business. 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 […]
Five Tips for Getting Paid On Time
Here at Commercial Domestic Investigations, we understand that late payments are a significant issue for small businesses across the UK. If clients fail to meet invoices within the specified time frame, you cannot develop the healthy cash flow required to support operations and grow. It is critical that you make sure clients pay you on […]
How do I chase a debt?
Commercial Domestic Investigations know that keeping an SME’s cashflow healthy is key. Sometimes invoicing early and chasing payment with polite reminders aren’t enough, and no matter how many times you send those reminders the money you’re owed doesn’t materialise. This week we share with you some simple steps on how to chase a debt, right […]
How to Cut Business Costs In 2023
[column width=”1/1″ last=”true” title=”” title_type=”single” animation=”none” implicit=”true”] Now that the new financial year has settled in nicely, Commercial Domestic Investigations wanted to look at the ways in which SMEs can cut business costs in 2023. The start of a new fiscal year is a great to take stock and consider ways you can return to […]
Late Payment – How to stop it Killing Business Productivity
At Commercial Domestic Investigations we know how late payment can have an instant negative impact on an SME’s cash flow, and we are always encouraging companies to find solutions and tackle the problem. In the ever changing world of business, even the smallest distractions can have more long term effects on the growth of your business. Shocking […]
What is the Main Cause of Late Payment?
Here at Commercial Domestic Investigations we’re always keeping up to date with late payment news. We understand how much of a problem late payment can be, and how badly it affects your cash flow. This week a new report from specialist outsourcer Echo Managed Services found a new cause of late payment. The report found […]
How Can I Protect Myself From Bad Debt?
Commercial Domestic Investigations know that bad debt is a serious issue that affects a large number of small and medium sized businesses throughout the UK. According to R3, the insolvency industry trade body, more than 100,000 UK SMEs are owed an estimated £16 billion by insolvent companies. Bad debt is a problem which affects businesses […]
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 […]
