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 […]
Create the perfect invoice and get paid on time
An invoice is one of the most powerful credit management tools at your disposal. An invoice is a document responsible for your business getting paid. With late payments being a major problem for UK SME’s, it is crucial that the invoices you are sending out are effective. The goal is to get paid on-time with […]
Improve your cash flow in 2022
[column width=”1/1″ last=”true” title=”” title_type=”single” animation=”none” implicit=”true”] If you make any resolution for the 2022 financial year, then it should be to stabilise your cash flow. In a post pandemic world, a healthy cash flow forms the foundation of a successful business, and without skilful management, your business will suffer. To help you to improve […]
Credit Control Resolutions for 2022
[column width=”1/1″ last=”true” title=”” title_type=”single” animation=”none” implicit=”true”] Credit control is a tough but necessary part of business. Some days it can feel as though you’re getting nowhere and the added stress of late payments and tired excuses, like “we never received your invoice”, “the cheque is in the post” or “our payment systems are down”, […]
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. […]
An expenses policy can boost your business
Does your expenses policy just go through the motions? Once it has been created it gets put in a file and forgotten about. This means that employees are unlikely to read it and they become disillusioned with the company’s policy. This means that the management of expenses becomes a reactive process, relying on the finance […]
Don’t chase your tail when it comes to chasing payments
All businesses encounter late payments at some point, that’s just an unfortunate truth. How you deal with a late payment however, is up to you. Employing procedures and following best practice before the payment is overdue is the best way to avoid a late payment. Before the payment is due From the beginning, a business […]
