Category: Small Businesses

  • Business CCJs Fall Following Court Fee Increase

    The rise in fees on commercial disputes amounting to more that £10,000 appears to have led to a significant slump in the number of CCJs issued to businesses. This has prompting concerns that smaller businesses and contractors are now being prevented from pursuing claims because the cost means it isn’t worth it. This in effect…

  • How To Trace A Debtor If They Have Gone Missing

    If there is one thing more annoying than not receiving the money you are owed, it’s a debtor who seems to have disappeared. So how do you go about finding a missing debtor? One of the common problems we see when people approach us for debt recovery services is a debtor who seems unwilling to…

  • How To Trace A Debtor If They Have Gone Missing

    If there is one thing more annoying than not receiving the money you are owed, it’s a debtor who seems to have disappeared. So how do you go about finding a missing debtor? One of the common problems we see when people approach us for debt recovery services is a debtor who seems unwilling to…

  • They Didn’t Pay You – Should You Use A Debt Collection Agency To Get Your Money?

    If you are a business owner with experience, you will know that there are always those clients who pay on time and those that try to buy some extra time. If you are a small business owner, the latter can end up killing your business if you are not careful so when should you use…

  • 5 Factors That Could Impact On Business Debt In The Next 6 Months

    If you’re a business owner, you will understand how vital cash flow is vital to survival. In the uncertain economic times we now find ourselves in maintaining that cash flow will be vital and this will often involve pursuing late payments as early as possible to avoid the impact it can have on your own…

  • Should You Name and Shame Late Payers On Social Media?

    If there is one thing that kills businesses, it’s late paying customers and unfortunately there will be plenty out there willing to leave you struggling to keep your business going. In the past business owners would have been left seething in silence and waiting to get their revenge thorough some form of debt recovery –…

  • CCJ – What Happens After A Judgement In Your Favour?

    After you have exhausted all your attempts to recover debts from a company or individual, there is always the final option of taking them to court. For smaller debts business owners opt for the small claims court and this can often result in a judgement issued against the defendant and money being recovered in most…

  • How Small Businesses Can Reduce Late Payment

    Late paying clients can have a damaging effect on the cashflow of small businesses and there are cases where little could have been done to prevent this happening. There are however ways to reduce the risk as we will explore in this blog. One recent study into small business cash flow problems found that the…