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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…
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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…
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3 Occasions When You Might Need Help From A Debt Recovery Agency
Occasionally in business you will have the misfortune of dealing with clients who regularly pay late or worse still don’t pay at all. Attempting to get rogue clients or customers to pay up can sap the energy out of your business and an increase in stress levels. You also have the added dilemma of not…
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Advice On Calculating Late Payment Costs
Most business owners have experienced a late paying client at one point or another. Trying to recover the money can be a frustrating, time consuming and sometimes even a costly process. The latter can often put people off pursuing debts for fear of losing more money than the amount they are trying to recover. Fortunately,…
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Why Time Is Precious In Debt Recovery
A common issue when businesses decide to pursue their customers for unpaid bills is the amount of time that has passed before they get to that stage. Some businesses might leave it for more than a year before they decide to pursue debtors and this often creates some ambiguity into what rights a company has…
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Debt Recovery Just Got Tougher For Businesses
…At least when it comes to recovering money owed by individuals and sole traders following the introduction of a new set of rules introduced this month to ‘speed up’ up the debt recovery process. For anyone who isn’t aware, the new Pre-Action Protocol for Debt Claims came into force this month (1 October). The new…
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3 Top Tips To Help You Recover Debts
Being owed money is an unfortunate side effect of doing business for many company owners and recovering them can cause further pain when the process becomes a long, drawn out affair, which is often the case with bad customers. So help you recover you debts as quickly as possible here are 3 top tips to…
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Why Should You Write Off Debt?
All too often in business you hear stories from business owners say they had to write off a debt that went unpaid even though their client or customer is able to walk off into the sunset and benefit from all the hard work they put in. So are they doing the right thing? Should they…
