Category: Churchill Recovery

  • Is Your Client Too Big to Fail?

    There is a certain amount of comfort to having larger business clients you tend not to get from dealing with smaller more volatile businesses. This often comes from the false belief that this sort of client is too big to fail. Unfortunately, this belief can be misplaced leading to complacency and lack of planning for…

  • Is It Time to Recover Those Historical Debts?

    Most successful businesses will have to deal with write offs at some point and for some it can be a regular problem in every financial year. Write offs happen when a business simply writes off unpaid invoices because pursuing payments is seen as not being worth the effort or it will end up costing more…

  • Should You Offer Your Late Paying Customer A Payment Plan?

    In an ideal world all of our clients would pay us on time and in full. Unfortunately sometimes this isn’t the case for all sorts of reasons some of which may be legitimate while others are simply delaying tactics. Telling in the difference between the two can be hard but as a general rule you…

  • Don’t Give Up Chasing That International Business Debt

    With all this talk of Brexit you can be forgiven for thinking anything involving international business is fraught with red tape and hostile foreign nationals out to get us. In some cases you may be right and it can be much more difficult to recover debts from customers abroad than here in the UK. To…

  • Top Tips To Help Freelancers Get Paid On Time

    Freelancers are often overworked and underpaid because they lack all the support a fully fledged business will have in dealing with the financial aspects of a business. The freelancer will not only be doing the work, they will also be required to be their operation’s collection department, accountant and salesperson all in one. This of…

  • If You’re Thinking of Writing Off Bad Debt, Read This First

    A common reaction of business owners to non-payment is to simply give up the pursuit and simply write money owing off as a bad debt. This is usually because the perceived cost and hassle involved with debt recovery seems to outweigh the benefits. Yet writing off bad debt means two things, you don’t receive the…

  • Don’t Get Caught Out By Business Fraudsters

    The vast majority of clients you may have dealings with in business will be reasonably honest and trustworthy. but a small minority can cause you problems you may not have anticipated when taking them on. Here’s 5 siple tips on how to avoid those types of businesses and save yourself from having to pursue them…

  • Don’t Want To Go To Court Over Debt? Issue A Winding Up Order Instead

    If one of your business customers owes you money and you don’t want to go through all the hassle and expense of taking them to county court and through a long litigation process, then a winding up order could be a better alternative. Winding up orders can be used when a company owes a debt…