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What Should A Late Payment Include?
Late payment or debt recovery letters as they are sometimes called can be an effective way to recover debts if they are put together correctly. Here’s some advice on how to compile your own letter and what and how much to include. Before we get started it is also worth noting that you may need…
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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…