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How to keep credibility when collecting debt It’s not uncommon to feel uncomfortable when collecting debts. In this blog, we look at how businesses can keep credibility when collecting a debt. Use a digital, automated system. Using a paper system is an easy way to
If you find debt recovery challenging you are not alone! In this blog we cover the biggest obstacles our clients face, and how you can overcome them to make your cashflow, and your small business, a much happier operation.
Are you doing all of these? If not, you have an opportunity to improve your small business cashflow. Check our expert Debt Recovery tips here.
Learn from our Debt Collection experts how to get your invoices paid and still keep your customer relationships intact. Read our 9 tips here.
Are you looking to get paid on time? End of month billing can be a daunting prospect, and there is no guarantee of on-time payment. However, by improving your workflow there is a greater chance of having a healthier cash flow. Here are some ways
At EC Credit Control, we’re lucky enough to work with a wide variety of businesses, big and small. From our debt resolution team to our terms of trade drafters, we have borne witness to many stories of success and failure over the years. Consequently, we
None of us can predict the future, however, there are plenty of practical ways to be ready. Are you looking at ways to prepare your business for the future? At EC Credit Control our debt management agency has been operating since 1988 – not long
They say an “apple a day keeps the doctor away”. The same can be said for implementing good practices to keep your business thriving. A healthy business is a successful business. There is no one size fits all approach. However, there are proven ways to
How to keep credibility when collecting debt It’s not uncommon to feel uncomfortable when collecting debts. In this blog, we look at how businesses can keep credibility when collecting a debt. Use a digital, automated system. Using a paper system is an easy way to
6 ways to encourage customers to pay on time. It happens time and time again. A customer has every intention of paying on time but suddenly life gets in the way and they miss a payment. No matter what the reason is, the consequences for
Planning your future financial position Cash flow forecasting involves estimating your future sales and expenses. A cash flow forecast is a vital tool for your business because it will tell you if you’ll have enough cash to run the business or expand it. It will also
Why you need a website terms of use agreement We see terms of use agreements on websites we look at, but you may not realise how important it is for your own business website. If you have a business website, it’s a good idea to
If you are a public or private sector organisation that deals with customer information our law recommends having at least one person who fulfils the role of Privacy Officer. In this blog, we detail their role, why having a Privacy Officer is essential and what
Are you looking to get paid on time? End of month billing can be a daunting prospect, and there is no guarantee of on-time payment. However, by improving your workflow there is a greater chance of having a healthier cash flow. Here are some ways
Don’t be a business casualty – find out how we can help secure your business. An article released by National Business Review on Tuesday 14 March 2022 suggests that a wave of insolvencies is imminent. I suspect within six months, some [businesses] aren’t going to
The virtues of a heathy cash flow All business owners want to have healthy cash flows but what does a “healthy cash flow” really mean? A positive cash flow simply means more cash flows into your business bank account than out of it, which is
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