Small business

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…

Only last week, I was visited by a local lawn mowing business who was quoting to manage my property on an ongoing basis. We happily parted ways with a verbal agreement to take on the job, but I received no written quote and no terms…

Privacy breaches are commonplace. As an organisation, you must ensure you are following procedures.  Ensuring your customer’s personal information is stored securely in addition to only using it for its intended purpose.  In this blog, we talk about the costly realities of a privacy breach,…

International Accounting Day is celebrated on the 10th of November each year and acknowledges how this field of expertise helps businesses thrive. To honour this day, here are some top tips on how we can work with you to protect your cash flow. Get those…

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.

In Australia, it is often touted that 60% of our small businesses fail within the first 3 years of business. In this blog, we explore 5 of the biggest reasons why small businesses fail, in the hope that this helps you in your own business.