Long gone are the days of verbal and “handshake” agreements With liquidation rates at their highest, as well as heavily saturated building and construction industries, Australia’s Tradies are the most vulnerable they have ever been. Over 500 builders went broke in Victoria alone in 2019*. A crazy statistic that saw thousands of unsecured creditors writing […]
“I can’t do anything to get money owed to me by someone that liquidates” If I had a dollar for every time I heard this, I would be rich. Sadly, this often is not coming from small business owners themselves but rather from their accountants and solicitors. Whilst some advisors get it, others unfortunately provide […]
I had a Creditors Report come across my desk today, which is not that unusual, but what was unusual is the number and types of businesses I saw listed as Secured Creditors, having obviously registered themselves as Credit Providers on the PPSR. (Personal Property Securities Register) Now whilst there were 262 Unsecured Creditors totaling a […]
Helping businesses ensure they have the right processes and paperwork in place to protect their invoices, equipment and to give them peace of mind is part of what I do on a daily basis. Just yesterday I helped yet another business protect their equipment and their invoices. Pete invested in a chattel lease, PPS Registrations, […]
EC Credit Control continues to play a significant role as the ‘go to’ for tradies in small to medium businesses. Now, by becoming a Tradebusters Academy Expert we have a greater reach in offering our debt recovery services, terms and conditions of trade and credit management products to tradies throughout Australia. Tradebusters, a leading tradesman […]
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