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 [...]
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 [...]
When your frustration has completely boiled to the surface with you debtor/s it may be time to call in a debt collection agency. Typically once your invoice has reached 90 days the chances of [...]
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 [...]
We have all heard the stories about how both large and small businesses have been taken down when one of their customers goes broke. Here we learn how to manage this risk.
One of the main things I hear from business owners who have been around a while is “I lost a heap of money to one customer when they went broke” or “I almost had to shut down my business because [...]