By clicking “Accept All”, you agree to the storing of cookies on your device to enhance site navigation, analyse site usage, and assist in our marketing efforts
Essential
These cookies enable our website and App to remember things such as your region or country, language, accessibility options and your preferences and settings.
Analytics
Analytic cookies help website owners to understand how visitors interact with websites by collecting and reporting information anonymously.
Marketing
Marketing cookies are used to track visitors across websites. The intention is to display ads that are relevant and engaging for the individual user and thereby more valuable for publishers and third party advertisers.
Exhibitions can be a real gamble – sometimes you come away buzzing with leads, other times you wonder if it was worth the outlay. I agree that the difference often comes down to how engaging your stand is. A draw, a game, or just something interactive gives people a reason to stop, and once they...
All great ways to help ensure you get paid, smart strategies. With invoice factoring though, just be careful. Always look into non-recourse factoring over recourse factoring if you can, as it protects you in case the customer doesn’t pay. The last thing you want is to be chased for a debt you’ve...
You're lucky but some businesses have no choice but to offer credit terms just to stay competitive or keep customers on board. Sadly, that opens the door for the sneaky late payers to creep in.
I have actually done this myself.
When I moved abroad I kept both my UK personal and business bank accounts open. The main thing banks care about is having a reliable UK address on file rather than where you live full time.
I used a family member's address with their consent as my...
Curious if others are noticing the same pattern. Clients are becoming increasingly inventive when it comes to delaying or avoiding payment.
Recently I have seen cases where:
Minor disputes are raised just before payment is due
Clients go silent as soon as the work is completed
Payment terms...
You might want to reach out to the Road Haulage Association (RHA) – they’ve got a wide network of members and will likely be able to point you in the right direction based on your needs.
This does sound like a common tactic used to deflect responsibility, especially when dealing with larger or more commercially savvy companies. If the service was provided directly to the estate/lettings agent and the invoices were issued to them, then the responsibility to pay typically lies...
Haha, if only it were that dramatic!
We prefer the "firm but fair" approach, more phone calls and paperwork than battering rams. But if your customers are giving you the runaround, we’re definitely the people to speak to.
Send them our way, no crowbars needed! 😄
Absolutely agree. Creditors need to act quicker and understand the rights they do have.
Too many wait too long, hoping things will resolve and by the time they act, the company’s been struck off or liquidated, leaving them with nothing. Meanwhile, in some cases, the same directors pop up under...