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The Financial Health Checklist for Every Small Business Owner

Making a financial health checklist to know the status of your business will allow you to make informed financial decisions so you can better allocate resources for your business to operate with a positive cash flow. Regularly evaluating the financial health of your company is...
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How to better collect debts? Get your customers’ ABN and ACN

Debt collection is an important part of any business. When your debt collection process is in disarray, your data is all over the place possibly resulting in erroneous invoices and delayed payments. An effective debt collection process starts with a highly organized system where all...
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Statutory Demands in Australia – When and How to Issue

A Statutory Demand is one of the most effective and efficient ways to recover a bad debt; however, not many utilize it or understand how and when to use it. At Slater Byrne Recoveries, we try to make the Statutory Demand process simple for our...
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Improving Debt Collection in the Construction Industry With BIF Act 2017

Debt collection in the construction industry is full of problems because of delayed payment terms. In turn, extended payments negatively affected the cash flow of players in the industry. For those involved in the construction industry, receiving payment on time can be described as difficult...
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How to Create Effective Demand Letter to Collect on Past Due Invoices

Debt recovery is a multi-stage process that involves subtle to more forceful actions. A letter of demand is an act of last resort in the debt recovery process. It becomes necessary when your repeated attempts to recover unpaid debts have failed. You use a letter of demand...
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Garnishee Orders in NSW and QLD: What You Need to Know

In a previous blog post, we discussed what garnishee orders are and how creditors can use them to recover a debt. Here, we will be looking at how garnishee orders are obtained and processed in the states of New South Wales and Queensland. The processes are...
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Garnishee Order: How It Works and Why You Should Issue One

Understanding Garnishee Orders If you have exhausted all other debt collection options but have not yielded any results, then obtaining a garnishee order might be best solution for you. Read on to learn more about how a garnishee order works, what benefits it offers, and how you...
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Slater Byrne Recoveries to Launch New App at 2017 Accounting Business Expo
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Slater Byrne Recoveries to Launch New App at 2017 Accounting Business Expo

Since the beginning of this year, Slater Byrne Recoveries has been hard at work, developing exciting new plans for our clients this year. Tomorrow, we are going to kick off one of those plans with the launch of our brand new debt collection app—SBR Collect—at the 2017 Accounting Business Expo in Sydney. The Expo, which will run from March 21-22, is the biggest gathering of business, accountancy, and finance experts in Australia. It’s set to showcase the top trends and newest technologies and solutions that are taking over the world of finance. So we thought, what can be a more perfect place...
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