Churchiill Recovery Solutions - At Churchill Recovery Solutions we understand every business - Page 17

Commercial & Corporate Debt Collection Insights from the Churchill Recovery Solutions Blog.

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…

October 8, 2018
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…

September 25, 2018
Lack of Awareness Of Late Payment Law Could Be Costing You Money

Late paying customers are not only a nuisance, they can also cost your business more than the sums they owe. Fortunately there are laws to protect your business from late paying customers and it is worth reading up on them if you ever need to take advantage. So the first thing to do…

September 10, 2018
Should You Use Social Media To Get Your Invoices Paid?

There is little doubt that social media has brought about revolutionary changes in the way we communicate with each other. Even the US president uses it as a way to communicate his thoughts about other world leaders and the issues of the day so does that mean it’s ok for business owners to…

August 30, 2018
Should You Be Prepared To Do A Deal With A Late Paying Client?

There are a multitude of reasons why a client doesn’t pay an invoice from simply being an oversight to an attempt to cheat you out of money that is rightfully yours. So in what circumstances should you be prepared to make a deal over an unpaid invoice? This decision is a difficult one…

August 17, 2018
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.…

July 24, 2018
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…

July 3, 2018
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…

June 14, 2018