Posts Tagged ‘debt collection’
by: finance, Category:
Finance on: September, 07 2010
In the present economic downturn, a small organisation might have had to contend with several overdue invoices and ultimately been paid, but this one with a large organisation might need to be paid quickly since cash is running low. If the small organisation thinks that using credit cards as a quick solution to their cash [...]
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by: finance, Category:
Finance on: September, 01 2010
Although this announcement from the Business Secretary, Mr. Vince Cable was mainly about how banks are treating personal banking customers, it does also point out a identified fault with the banks of aiming for profits first and putting customers second. This stance has been exhibited when it comes to the way small firms are being [...]
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by: finance, Category:
Finance on: August, 31 2010
The financial difficulty that has hit some European countries such as Greece, Spain and Portugal, where they have seen their economies suffer and almost faced bankruptcy, only to be saved, almost at the eleventh hour, by other eurzone countries, has caused much concern in the money markets. While the UL economy has large debts, there [...]
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Finance on: August, 24 2010
The British Chambers of Commerce (BCC) carried out a survey of 5,600 British organisations recently and has predicted growth of between 0.6% and 0.7% for the three months to the end of June. They did have some worries though, for sustained recovery and also for recovery in the service sector. Manufacturing was doing better but [...]
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by: finance, Category:
Finance on: July, 21 2010
This must be a hard decision when a small organisation has done jobs for or provided items to a large organisation on many occasions and now finds that they are being kept waiting for payment of their latest invoice. Do they believe that the large organisation with whom they have developed a good business relationship [...]
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by: finance, Category:
Finance on: June, 27 2010
There can be no doubt that the forthcoming election and the political manoeuvring that always goes on has left companies worrying about the financial future. The proposed increase in National Insurance would increase the cost per employee for all companies and there might also be green taxes and initiatives that could be implemented for companies [...]
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by: finance, Category:
Finance on: June, 12 2010
The current economic situation has certainly cause trouble for many organisations due to the drying up of spending and credit having almost dried up, especially when it comes to financial assistance for small to medium organisations. This seems to have brought about reticence in payment of bills between organisations, perhaps as organisations try and preserve [...]
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by: finance, Category:
Finance on: May, 22 2010
The economic downturn has brought troubled times to most businesses and has put some in the position of having to taka a close look at the finances at one time or another. When this comes to paying or not paying an account submitted by a small organisation which has done valuable projects, a decision to [...]
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by: finance, Category:
Finance on: May, 09 2010
Certainly, if the small enterprise has done projects for or sold equipment to the large enterprise over a period of years without having any settlement concerns, then a late account coming at the current economic downturn could well ring alarm bells. The economic downturn could also bring concerns for the small enterprise in that they [...]
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by: finance, Category:
Finance on: April, 28 2010
It is a sad result that the economic climate has brought many firms into receivership, big and small, so when a small business has stayed in operation for this long and then discovers that a bill it sent to a large business for work completed or goods furnished has become outstanding beyond the final agreed [...]
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