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 […]
Trend of late payments continues to grow
Here at Commercial Domestic Investigations we understand the implications that late payment can have on a SME. In this blog post we look at new research from the Asset-Based Finance Association (ABFA) which suggests that late payments towards small to medium sized enterprises are a growing trend. The amount believed to be owed to SME’s […]
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 […]
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 […]
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 […]
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 […]
Pace of FCA Authorisation Accelerating
Here at Commercial Domestic Investigations we’re always looking to share with you any news regarding debt collection. We understand that successful debt collection can have an incredible improvement on your cash flow as an SME owner. This week it was revealed that more than half (52%) of all debt collection agencies that applied for full […]
SMEs Could Replicate Australian Late Payment Model
Here at Commercial Domestic Investigations we know that managing cash flow is key for small and medium enterprises. We’re always on the lookout for any news surrounding late payment, as we know this is one of the top contributors to any cash flow problems. Recently The Guardian reported on how the Australian model for tackling […]
