Archive for 'Credit Checking'

Protect Your Cash Flow Against Your Customers Collapse

Protect Your Cash Flow Against Your Customers Collapse

Prevention is the best medicine

In another familiar story just recently construction and development company Austruc Constructions has been placed in the hands of administrators.  (read the article on smartcompany.com.au here)
I emailed one our clients who operates in the construction industry and not surprisingly he said “Thanks, I just talked to a few contractors that got [...]

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How Do You Manage Legal Risk? Peter Aked – Eakin McCaffery Cox

How Do You Manage Legal Risk? Peter Aked – Eakin McCaffery Cox

Protecting your business with good documents might just be your last line of defense! In today’s economy managing business legal risk is one of the most common challenges businesses face. This week Peter Aked from Eakin McCaffery Cox explains that there are two aspects to this…

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New Customers Can Lead To Complete Business Failure

New Customers Can Lead To Complete Business Failure

Be careful not to be tempted by the dangling carrot of concentrating all your risk on just one of your customers, the results can be devastating to your business. Now generally speaking, as a small business owner what we are about to talk about may sound excessive when taking on new customers however as you grow and want to extend more and…

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Is your customer having credit problems?

I had a potential client phone in yesterday enquiring about our debtor finance solution however after speaking with her for almost an hour I explained to her that we also help her business by monitoring her customers credit as part of the service, to my surprise she got a little upset and didn’t like the [...]

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Credit reporting and checking the credit of your new customers

I had a call from a new client yesterday who was concerned that his invoices were taking longer and longer to get paid. Some of his invoices were taking up to 90 days to be paid and he explained to me that he just wanted to stop thinking about whether or not his customers were [...]

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