IMPROVING INVOICING AND CREDIT COLLECTION PERFORMANCE.
HEAR RACHAEL ON THE JEREMY VINE SHOW.
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IMPROVING INVOICING AND CREDIT COLLECTION PERFORMANCE.
HEAR RACHAEL ON THE JEREMY VINE SHOW.
Contact
So you offer staged payments which is brilliant as it allows your customer to have better cash flow and you to sign up that customer as they don’t need to pay you everything up front. However you may find yourself in the position that your customer’s expectations and your own are often at logger heads […]
Yay! It’s Fun at Work and because we work for ourselves, we’re always having fun at work because we love our jobs, right? But how well are you looking after your cash flow? You probably started your business because you knew you’d be doing something you love and are really good at but while you’re […]
Christmas has been and gone, the decorations put away and everything looks bare and empty. The weather’s cold, drizzly and the mornings are still dark and gloomy. If you turned on the radio or seen any online news today, you probably know today is Blue Monday; the day in the year when we’re supposed to […]
Would it be a dream come true if your cash flow was always positive because your customers pay your invoices on time, every time? The main reason cash flow suffers is because of late payment and because they’re our lovely customers and we don’t want to lose or upset them, we just sit there, wait […]
What is The Late Payment of Commercial The Late Payment of Commercial Debts (Interest) Act 1998 is a Statutory instrument made on 4 October 1998 which came into force in November 1998. Can anyone apply late payment legislation? It applies to commercial transactions. The legislation may be applied to a business debt between a limited […]
8 Days ‘til Christmas It’ll will be here before you know it. Now’s the time to reconcile and check what what invoices are still outstanding and pick up the phone. This week’s your last chance before Christmas. The pain of asking for invoice payment Unpaid invoices and late payments are a huge problem for small businesses. […]
“If your invoices aren’t getting paid, you’ve got a hobby not a business.” – Rachael Chiverton It’s so important to include the right information on your invoice if you want to get paid on time. Getting the detail right makes it far easier for customers to pay you. Yes, there are a gazillion guides to […]
When you’ve tried every other way to collect your money, sometimes the only option left is to go legal. Don’t worry about upsetting your customer because if things have got to this stage, ask yourself if they are type of customer you want to work with? Decide how you’re going to tackle the unpaid debt. […]
Your customer hasn’t paid your invoice, it’s overdue and despite sending reminders and a statement, the money still hasn’t appeared in your bank account. It’s time to pick up the phone and make that call. But you’re hesitating because nobody likes having to chase late payment. In this article I explain a few techniques for […]
We’ve all been there, you know, that customer who you don’t want to ring and ask for the money for that outstanding invoice. You know it’s your money, you know you are being their bank (for free) but you still feel uncomfortable when you think about picking up the phone. In one of my latest […]