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Catherine Rickett
 

How to keep up your cash flow

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Health, wealth and happiness are the three most important things in our lives. But if you are a small business owner (less than 50 employees) the fact that your clients are failing to pay your invoices on time, may be making you ill. Not having the money you...

Avoiding unpaid invoices as a wedding vendor

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If you’re a service provider in the wedding industry, this is your time of year to shine. Whether you are a photographer, a make-up artist, or a venue, how do you protect yourself from the last minute cancellation of a wedding? Unfortunately this can...

Avoid a Christmas (debt) hangover

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As a business, you may have seen an increase in sales during the run-up to Christmas – which is great news – until your customers are late making payment and your cash flow suffers as a result. It’s pretty common for people to overspend at...

What to expect if your claim is defended

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So, you have an unpaid invoice, you’ve issued legal proceedings, and your debtor has defended the claim. What happens next? You’re now in the hands of the courts, which can be a worrying time if you’re not familiar with the procedure....

Brexit: what does it mean for debt recovery in the UK and beyond?

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The good people of the United Kingdom could be compared with squirrels this autumn: stockpiling goods and cash ahead of the unknowns of another British winter and the imminent exit of the UK from the European Union. The deadline is 11pm on 29 March...

Six top tips to keep the cash flowing

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Trying to keep a continuous cash flow when running a small to medium enterprise is incredibly hard. You are often so busy trying to find and retain valuable staff members, attracting and keeping clients, and dealing with all of the bureaucracy that...

Four key ways to recover your debt

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You’ve issued proceedings and have secured judgment against your debtor, but how can you actually get your money back? Here, we consider four different methods of enforcement and how being more aware of the situation your debtor is in can help you...

Prevention is better than the cure when it comes to debt recovery

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Whilst some current issues are out of everyone’s control, i.e. Brexit, what is vital in this difficult time is having a sound credit control system. We understand that you may have had the same clients for years, and agreements may well be...