Help with Cashflow and Unpaid Debts
We have all heard the phrase “cash is king,” and this is never truer than in business.
We can review your terms and conditions to ensure they include sufficient protection against late or non-payment of invoices and advise on account opening procedures to ensure that you protect your position.
How can we help?
Where debts do arise we can advise on the best way to recover those debts, being mindful of the nuances of your business. Whilst it may be tempting to enforce a debt strictly, you may have an ongoing relationship with the customer meaning that a more measured approach is appropriate. We can work with you to ensure the best strategy is adopted.
If your business is the one behind on paying invoices, we can help to negotiate settlements with a creditor on your behalf and work with other professionals to ensure you have the best possible chance of avoiding insolvency (unless it is the best option for your business).