Debt collection in Australia is something that most—if not all—companies undertake at one point or another. Yet, this process still has an air of mystery around it as many business owners are reluctant to discuss it. Here at Slater Byrne Recoveries, we believe that the more you understand the process,
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Business owners only have 24 hours in a day, which sometimes isn’t enough. Even more so for small business owners who juggle many tasks daily to run their operations. There is thus not enough time to be updated with all the news and current legislation that could improve a small business’s general processes and debt
Payment terms continue to decrease in Australia, according to CreditorWatch’s Business Risk Review Report for October 2020. In the same manner, business administrations fell. While these may be encouraging signs that the economy is improving, payment times remain 157 per cent higher, on average, the report noted. In early September,
The COVID-19 pandemic rocked the world disrupting the way employers run their businesses. When the government announced lockdowns and business closures, companies scrambled to find ways to continue operating. At the same time, employers had to look after their employees’ safety. With the pandemic still ongoing, there seems to be