The most common reason that business relationships turn sour is generally due to bad debt. No one who runs a business wears rose-tinted glasses about debt, believing that it will never happen to them, however, when an existing customer with a good history starts getting behind in payments, it is a difficult situation. It leaves…

So, your client has always been a good customer but now, for whatever reason, suddenly you can’t get them to pay their overdue accounts. You’ve sent reminders and made a few phone calls, but nothing is happening. You don’t want a temporary situation ruining a good client relationship, so you hesitate to call in debt collectors because…

In an ideal world, all customers would settle their invoices within the agreed payment terms, but unfortunately, despite payment times improving in Australia, very few businesses ever pay on time resulting in frustration and anxiety as it impacts a business’s day to day cash flow position. No matter what industry you operate in, every business…