Use late payments to grow your business
It may seem counter-intuitive but late payment of invoices can actually help you to advance your business. Commercial Domestic Investigations has over 25 years of experience dealing with commercial credit collections and we understand the power that a concrete collections procedure can have on both your clients and your business. Building an effective collections policy […]
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 […]
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”, […]
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 […]
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 […]
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 […]
