Why receivables is so hard to solve There’s literally hundreds of blog posts giving you the 7-10 steps to reduce debtors and improve cashflow. Yet the debtors problem still exists... read more →
Three quarters of small and medium sized UK builders say that late payment has directly hampered their business growth according to a recent Federation of Master Builders survey. According to the survey:... read more →
Most businesses are slack when it comes to staying on top of their receivables. It's not untypical for invoices to get to 30 days or more past terms before action... read more →
I recently sat down with the head of the collections department at a major telco. He had some interesting learnings to share about their approach to collections. The most striking... read more →
Big business has worn a lot of blame recently for using small businesses as a 'cheap form of finance'. But that's not the full story because every week we talk to small... read more →
If there's one thing I've learned from running a business over the past 10 years is that it often involves doing things you don't like... chasing late payment, dealing with... read more →
I recently overlooked a GST bill. The taxman is not okay with that. He wants his money. And fair enough; I want free healthcare and the other benefits of being... read more →
We’ve covered a lot of the receivables process in these pages so far - overdue invoice letters, making collection calls, even firing bad customers; now it’s time to ask the... read more →
Let me start by saying if you have receivables, congrats! It means you've sold something and all going well, cold hard cash will arrive in your bank account. But have... read more →
A new study from Debtor Daddy has revealed that New Zealand SMEs are missing out on around $18,000 per day, simply because “small businesses are terrible at chasing customers for... read more →