Are debt collection agencies regulated?

Are debt collection agencies regulated?

regulatedCompanies throughout the UK, whether they are a recent startup, SME or have been established for sometime, will more than likely find themselves in the situation where a client hasn’t paid for their services or products. Whilst this is a

Why use Debt Recovery Agency

Why use Debt Recovery Agency

debt-collection-agencyLate payments are a problem for businesses of all sizes – as of the start of 2016, the Zurich SME Risk Index found that more than half of all SMEs were owed money totalling over £250 billion, with an unfortunate …

How to avoid writing off bad business debts

How to avoid writing off bad business debts

business debtBad business debts are the bane of many companies’ existence, lingering on your books indefinitely while you wait for a payment that might seem like it is never coming.

This leaves you to face the decision of whether to continue …

Where do I put my payment terms on invoices?

Where do I put my payment terms on invoices?

When you send out a request for payment, it might seem like a good time to remind the customer of your terms and conditions – but where should you put your payment terms on invoices so that they cannot be …

Do tax deadlines affect the payment terms small businesses use?

Do tax deadlines affect the payment terms small businesses use?

January 31st is a key tax deadline each year for anyone who files their accounts via self-assessment, but does it have an impact on the payment terms small businesses use?

tax deadline

The landmark date is one of the first major milestones …

Time to tighten terms and conditions for selling online

Time to tighten terms and conditions for selling online

As we move into the second month of the new year, those of you who operate on 30-day payment terms are likely to be reaching your first invoice deadlines – giving you a first glimpse at how likely your customer …

Debt collectors beat banks and government on credit control approval rating

Debt collectors beat banks and government on credit control approval rating

Professional debt collectors could teach a thing or two in terms of the credit control London banks and central government offices carry out, as research reveals they score higher than both groups on the Citizens Advice Bureau’s approval ratings.

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Tackling fraud with terms and conditions of service

Tackling fraud with terms and conditions of service

Your terms and conditions of service are an opportunity to do more than just set out the expectations of both parties involved in a particular business transaction.

terms-and-conditions


Make your payment terms strictly 30 days

Make your payment terms strictly 30 days

Making your payment terms strictly 30 days is a simple but effective way to maximise your cash flow – it doesn’t put customers under undue pressure by expecting them to pay upfront, but it also doesn’t reward those who fail …

Get a new terms and conditions letter for 2016

Get a new terms and conditions letter for 2016

If you do not have an up-to-date terms and conditions letter, we would highly recommend getting one as 2016 gets underway.

payment terms

All businesses, big and small, should have clear terms and conditions in place, especially when it comes to payment …