Have you ever seriously considered how long you're waiting to chase up on your overdue debtors? The longer you wait to follow up on an overdue account, the more difficult it is to get the customer to pay. Talk to any credit control expert and they'll tell you the sooner... read more →
Jul
08
Jul
01
It’s so easy to say “we have late payment penalties to stop debtors" but the reality is, that only works in a perfect world. And because unfortunately I can’t lose weight whilst eating excessive amounts of cake, you can’t have on time payments just because you want them. The key... read more →
Mar
25
Chasing overdue invoices is one thing, but the real secret to getting your invoices paid on time actually starts the moment you present your payment terms to your customer. 1. Set your payment terms from the beginning There are two ways you can approach this: Have a separate payment terms... read more →
Feb
25
As a small business owner, if you're not vigilant, your hard earned cash could be getting sucked down the debtor death cycle. (more…)