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Here are May’s FAQs for credit management issues, focusing on what to consider prior to taking legal action against a debtor. How can I prove acceptance of terms with no signature? You don’t need a written signature to prove acceptance of your terms and conditions, however I would always recommend trying to get a signature […]
Welcome to our April 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 SME Confidence at its highest since 2014 Small business growth […]
During a recent survey Experian business assist revealed that 63% of businesses knew their credit score and used it to keep an eye on how they are performing. Knowing your score is one thing understanding what the score means is the added benefit. Experian have produced an infographic which helps with the understanding. Here are our […]
Here are our top credit management FAQ for March. What is credit risk assessment? Credit risk assessment should be carried out prior to entering into a contract and providing any goods or services to a prospective customer. The aim of this assessment is to identify the risk that your prospective customers poses to your business, […]
Negotiating Payment in the Recruitment Industry Our case study to help recruitment firms get paid when a client employs a candidate directly. It also outlines when not to peruse the full amount in your not 100% sure of payment. As previously employed as a Credit Manager by a national recruitment and working for many recruitment […]
Welcome to our February 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 One in two small businesses still concerned by pandemic impact […]
Welcome to our January 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 Regional distribution of business loans revealed Government announces prompt payment […]
What are the disadvantages of offering credit to customers? Offering credit to customers is a business risk, unfortunately it is a necessary risk that the majority of businesses need to take in order to remain competitive. By offering customers credit you leave yourself at risk of: Lost opportunities due to working capital tied up in […]
Welcome to our November Credit Management News blog. We have given you snippets of the latest topics that we hope are of interest to you and provide information to help with your business. If there is anything you would like to see more of in our round ups from more Credit Management News to help […]
Although the government have pledged an additional £150bn in government bonds there is still more needed to help keep many SME’s afloat. The main reason for concern is although there are grants available, they still need to paid back and the accumulation of debt is a major worry now and in the future. For companies […]