In the last week EC Credit Control’s Debt Collection Department has loaded over $115,000 worth of debts to be collected in the Sutherland Shire, Sydney, with still more to come!
These debts come from a broad spectrum of industries in and around the Sutherland Shire indicating that non-payment of debt is not limited to a specific industry but is occurring across the board. This broad scattering of debts shows clearly that all businesses can fall victim to the crippling consequences of outstanding debts impacting on their cash flow, and in some cases bringing them close to insolvency.
It appears there has never been a more dangerous time to be without the Debt Collection services of EC Credit Control. With a few simple steps it is possible to implement protective measures so in the event of a large debt being incurred, your chances of recovering the outstanding money is dramatically increased.
Every business owner has the opportunity to be proactive and do this, rather than suffer the consequences of being unprepared and therefore reactive. So ask yourself the simple question, which one are you?