Bad debt is something that every business deals with. No matter what industry you’re in, you will come across a fair share of slow-paying as well as non-paying clients. The difference between success and failure when handling this issue lies in how prepared and proactive you are. Here are some simple practical tips that will
An overflowing stack of overdue invoices is an all-too familiar problem for business owners. It’s quite an easy trap to fall into. At first, you think you’re just cutting your client some slack because they’re having a difficult time and the debt they owe isn’t really that big. Besides, you’ve got more pressing business matters
Slater Byrne Recoveries have now partnered with Mindstar and joined them in their vision ‘to help people be their best’. Slater Byrne acknowledges the financial strain of overdue debts can be stressful on your bank balance but also on your mental wellbeing. We believe in the health and wellbeing for you and your family. Joining
Christmas has come and gone and we’ve welcomed a whole new year. Now, it’s time for companies to shake off the holiday hangover and get back to their regular business programming. The question is: where do you start? The holiday season often leaves a lot of unfinished work, uncollected payments, and excess inventory. Also, the
Slater Byrne Recoveries and it’s financial advisory partners have performed an analysis of the current state of Australian businesses from an insolvency and overall economic perspective. The Report analyses industries within Australia where operating businesses are predicted to face financial hard times within the next 12 months. Key Findings: Nationally, the top 5 industries at
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