The easy solution for your clients to accept your Terms and Conditions online
Have you ever been stuck with the dilemma / hassle of a client emailing you to proceed with a job but left you still without a proper signed agreement? You obviously want the work, you want to keep your new client onside, but you also don’t want the headache if things go pear shaped when […]
Looking for Equipment finance? – the 9 quick facts you need to know
9 quick facts you need to know about equipment finance After 25 years of financing equipment for capital intensive industries, we thought we would share a few facts which will assist business owners in getting this area right. 1) Interest rates can vary by as much as 1%, so it pays to shop around Unlike […]
Business fear ruin from Queensland Nickel Claims
This was the headline in a recent Courier Mail article that should strike fear into the heart of every small business owner. Why? Because it refers to Clive Palmers company Queensland Nickel (QN) that has been grabbing headlines for all the wrong reasons over the last two years. As it currently stands, liquidators are chasing […]
ACCC Taking aim at Unfair Contract Terms
From 12 November 2016, new legislation was implemented whereby unfair contract term protections were extended to cover small business contracts rather than just contracts between individual consumers. This has had significant implications for business to business transactions and we are now seeing the Australian Competition & Consumer Commission (“ACCC”) take steps to enforce the protections […]
Forensic Accounting and your business
There is no doubt that Forensic accounting is still the domain of large corporates and government. Its about the detection of fraud and big prominent collapses like Enron and Tyco come to mind. Nevertheless, is there a place for fraud detection and minimisation in your business? Have you experienced fraud in your business? Fraud comes […]
Everything a Small Businesses Needs to know about Personal Guarantees
What is a personal Guarantee? A personal guarantee is a written promise to guarantee the liability of one party for the debts of another party. Commonly, personal guarantees are given by directors of companies to personally guarantee the payment of money or obligations on behalf of their company. How to secure your business? In addition […]
What do you need to know about legal action post-collection
We cannot guarantee a successful outcome in debt collection, some debtors will pay and others will simply make excuses or ignore the matter altogether. Some debtors may already be default listed for other debts and may simply take the view “what’s another default” in the wider scheme of things. After the collection process is complete […]
Are client’s not signing your quotes? Here’s an easy solution
Here is a smart, simple quote acceptance solution for your business Do you sometimes take the risk and start a job without a signature – even though your client hasn’t, by agreed to your terms of trade and price? An easy way to get your quotes signed and approved EC Credit Control have developed a […]
Top 5 tips for getting paid promptly
Running a business and managing your cash flow can be challenging at the best of times. If you extend credit to your clients, you are essentially a bank, which brings additional challenges in getting paid. So, in order to protect your cash flow when you extend credit, why don’t you start acting just like a […]
Full and Final Offers and what you should be considering
Often when contacting a debtor they will make an offer of an amount less than the debt sought as “Full and Final” payment. Any such offer can only be considered and accepted by the creditor (our Client) as it needs to suit their cash-flow and timeframe for completion. Further the creditor needs to consider their contract […]