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Terms and Conditions: Why They Are Crucial for Business Success

Terms and Conditions: Why They Are Crucial for Business Success

At first glance, a Terms and Conditions document does not seem all that impressive. It does not evoke the same level of attention and respect from clients that a contract or an invoice usually does. Many people skip over the T&Cs section of an agreement without ever reading it. Because …

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Debt Collection Agency for Small Business – How to Recover Debts

Debt Collection Agency for Small Business – How to Recover Debts

A steady, positive cash flow is crucial to the success of any business, especially one that’s still small and starting out. But to maintain this, you need to make sure you always get paid for the products and services you provide. This is where debt collection comes in. Small business …

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Third Party Payment Preference: What It Is and How to Avoid It

Third Party Payment Preference: What It Is and How to Avoid It

Preferential payment claims happen all the time and if your company is the subject of one, it can cause a huge disruption in your cash flow. After all, it’s frustrating to think that the money you received—which is rightfully yours and is done in payment for a service or product …

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4 Tips to Get Better Results from Your Debt Collection Process

4 Tips to Get Better Results from Your Debt Collection Process

In our previous posts, we’ve talked a lot about the detrimental effects that an inefficient and unorganised debt collection process can do to a business. Wasted resources, poor cash flow, and productivity loss are only a few of the negative impacts that we’ve highlighted. But today, we’re going to take a more …

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