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Every business needs cash.
Following the return to work after a long Christmas period.Many businesses will be workingon outstanding paymentsfor invoices in October, November and December.
Every business should have terms of business which include payment terms and the consequences of non-payment, coupled with an effective credit control policy.
In many small and medium sized businesses this is an area of the business which lacks effective attention, often concentrating efforts on developing products, winning new business and increases orders. However to fulfil those orders, one needs cash and every business should therefore ensure that they have an effective invoice collection process.
Some New Year's resolutions for 2019?
Jo specialises in corporate insolvency; acting for Liquidators or Administrators in dealing with all issues of corporate bankruptcy and insolvency. She also handles all aspects of personal insolvency.
For further advice please don't hesitate to contact Jo on 0113 238 4043 or email directly.
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