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Inner West Sydney

Inner West Shop fitter loses $140K in Liquidation…. But could have been so much more!

At a recent meeting with a Shop fitter in the Inner West of Sydney, the owner explained that a large local Sydney Inner West business that they had done work for to the value of over $800K to date, went into liquidation. The company still owed the…

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Why Terms of Trade and Credit Management is important to help protect your Cash Flow

I recently met with Ray, a builder based in Newtown in Sydney’s inner west. Ray had been trading for over 20 years without any bad debts – a really good effort! Newtown like any other suburb in Sydney’s Inner West has a number of businesses in…

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How Terms of Trade help you recover Collection Costs from your Debtor

Recently a wine wholesaler, based in the Inner West of Sydney was very happy when EC Credit collected a debt of $12,500 and their Debtor was forced to pay all of the collection costs our client incurred, as per the debtor had previously agreed to. This…

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Terms of Trade – The proactive approach to protect the cash flow of your business

Throughout my daily travels in the inner west region of Sydney I find that even established businesses with over 20 years trading history do not have effective Terms of Trade in place. Many say because they have not had to rely on them in the…

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Changing your Credit Management Process to Protect your Cash Flow

I recently had a meeting in Burwood assisting a local liquor wholesaler, to set up their Terms of Trade documentation and a membership with Veda, Australia’s largest credit reporting agency. The reason Sarah and her father are using our services is to implement a solid…

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Helping Bookkeepers get Paid

I have recently started working with a large Bookkeeping firm in Burwood who have clients in Croydon, Abbotsford, Rozelle and Balmain. They use our Terms of Trade and therefore have a solid credit management system in place. They have their Terms of Trade updated regularly…

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The Importance of a Signed Contract

I recently had a meeting with one of my clients, Kieran a wholesale/installation business located in Marrickville in Sydney’s inner west. He was owed $80,000 by a company he had been dealing with who looked like they were going into administration. EC had drafted Terms…

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The Pen Is Mightier than the Sword

“The pen is mightier than the sword“. According to google this phrase was “coined “by Edward Bulwer-Lytton for his play “Richelieu”. This is something I regularly quote when I hear many horror stories about people “killing” people over money owing. It is a very emotional…

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Welcome to the Inner West Sydney Page

Here you will find not only details of your local Area Manager but also regular updates of events in your area including: Balmain Leichardt Drummoyne Five Dock Marrickville Ashfield Burwood

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