Credit Control is, knowing when you are due to be paid
Cash flow is quite often the main reason why businesses unfortunately fail, so it is important to have your procedures in place to ensure you are not just another Companies House statistic.
Chasing your debtors for the money you are owed not only takes time but it can become quite sole destroying. That’s not the state of mind you need to be in when trying to grow your businesses.
It is essential that you have a Credit Policy no matter how big or small your company is and it is advisable that your clients know you have one.
Cash is King for every business and that has always been our approach to our client’s outstanding money. In these uncertain times and bearing in mind the difficulties in obtaining loans it is vital that you are paid on time.
- Your very own credit policy
- A friendly yet firm approach to getting you paid on time
- A staged procedure including telephone, letter and email.
- Your clients will be trained to your ways