The importance of having terms and conditions

The importance of having terms and conditions

If you are a business owner extending credit to your customers, then its imperative to know that you can actually rely on your terms and conditions in the event of late or non-payment. In Australia, over half of all small businesses receive payment of their invoices...
Unpaid debts: What are my options

Unpaid debts: What are my options

It’s an unfortunate reality of doing business in Australia that when you make sales on credit, some customers will be slow at paying you on time, and some will not pay you at all. When considering what options are available to businesses with unpaid debts, it’s...
A guide to debt collection

A guide to debt collection

Debt collection is a service that exists to help businesses manage overdue debt owing from customers. Collection agencies have comprehensive systems and human resources to manage large volumes of debt in an efficient and effective manner and the services they often...
Types of Collection Partners

Types of Collection Partners

If you are business owner looking to get help with your overdue invoices, then it’s a good idea to understand the difference between a debt collection agency and a law firm. The world of unpaid debt and knowing who to involve in the debt recovery journey can be a...
Understanding the legal process

Understanding the legal process

For business owners, using the Court process to recover outstanding debt can be a costly and sometimes lengthy process. It’s important to remember however, lawyers can be successful with recovering debt outside of Court, without needing to take formal steps against...
Collecting unpaid debts: Best practice

Collecting unpaid debts: Best practice

Overdue invoices affect over half of all Australian small and medium sized businesses (SMEs). Chasing these unpaid debts is often time consuming and is an unnecessary distraction which hinders business growth. It’s for this reason that business owners and accounts...