by Stephen Cowan
2. July 2010 01:25
Every day I speak to many businesses about recovering debt, UK debt collection is, unfortunately, a growing business.
Getting debtors to pay their bills can be difficult and time-consuming.
Unfortunately all businesses have to deal with bad debt from time to time.
However, before you come to a company like ours for help, there are a variety of ways in which you can shield your business from bad debt.
Over the next few weeks I’ll be shedding light on some of these topics.
I’ll be blogging about everything from Credit Ratings and Payment Terms to talking to your Bank and HM Revenue & Customs.
Also, I’ll take you through a 12-Step process which can help you manage the relationship you have with your customers and help you avoid the build up of bad debts. I intend to post a new blog every Tuesday and over the next few weeks we'll shine some light on the often simple steps a company can take to try and prevent incurring bad debt in the first place. All comments are welcome and I'll do my best to respond to any questions you've got.
Stephen Cowan