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At Credit Management Group UK we have made the decision to move to new more accessible premises in Bromborough, Wirral. We will also be welcoming two new members to the team over the next few weeks, and our new offices now provide room for additional growth. Over the coming weeks we will be making many […]
The sales function of a business is often seen as one of the most important aspects of a business, and whilst it is vital, many companies I have worked with have focused so much energy on sales that credit management processes have fallen behind. For those businesses experiencing rapid growth, poor credit management can have […]
We hope this blog finds you well. If there is anything you would like to see more of in our round ups from more Credit Management Hints & Tips to help on Credit Management E-learning webinars let us know: COMMERCIAL CREDIT MANAGEMENT Businesses’ confidence remains steady despite rising price concerns Businesses braced for insolvency storm […]
Our Improving Cash Flow courses are beneficial to those new to collections, with no formal training, or to those who view the course as a refresher in credit control, wishing to improve and develop their collection techniques. What the course will cover? We can improve your company’s cash flow by training delegates on collection cycle […]
We hope this blog finds you well. If there is anything you would like to see more of in our round ups from more Credit Management News to help on Credit Outsourcing let us know: COMMERCIAL CREDIT MANAGEMENT Fifth of business owners identify late payments as key barrier for growth Restaurant insolvencies rise by 31% […]
We hope this blog finds you well. If there is anything you would like to see more of in our round ups from more Credit Management News to help on Credit Outsourcing let us know: COMMERCIAL CREDIT MANAGEMENT Business CCJs rise 70% over the year Business insolvencies rose in September Insolvency Service announces end of […]
If you are the owner of an SME, cash flow of your business is never far from your mind. There is a fine line between sales and costs in any company but without a reserve in the bank this can become a problem if it’s not monitored. It can be hard to plan and forecast […]
It is common practice for Directors of owner managed business to take a basic salary per month and then draw dividends from the company as long as the company has sufficient reserves. This approach has very little risk associated as long as the reserves are not adversely affected by the dividend withdrawn. One case that […]
Welcome to our May Credit Management News blog. We hope this blog finds you well. If there is anything you would like to see more of in our round ups from more Credit Management News to help on Credit Outsourcing let us know: CREDIT MANAGEMENT Small Firms want Support Loans turned into employee shares Rising […]
The latest instalment in our series of case studies details another scenario of How to help recruitment firms get paid when a client employs a candidate directly. As previously employed as a Credit Manager by a national recruitment and working for many recruitment firms since setting up CMG UK I have a vast amount of […]