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LU_LU What is business risk?
Companies face a variety of business risks that can threaten their ability to achieve their objectives if these risks are not monitored and managed properly. Business risks include financial risks, reputational risks and even compliance and cybersecurity risks.
Why is it important to get paid on time?
Every business needs cash to stay afloat and grow. Therefore, the impact of late payments should not be overlooked and adequate processes should be put in place.
How to avoid bad debts?
Every business faces late payments or even bad debts at some point. When everything has been done to recover the amount owed but the debt remains unpaid, it must be considered uncollectible. How can we avoid this?
The right time to entrust your unpaid bills to a collection company
Deciding when and if to outsource your debt collection to an agency is one of the most important cash management decisions your finance department will make. But how do you know when to take the plunge? Here are some warning signs that it may be time to outsource your debt collection to a debt collection agency.
5 things not to do in a recession
A recession can be a stressful time. It's important to keep your long-term goals in mind. We have listed some financial risks you should avoid taking during an economic downturn.
5 strategies to improve your cash flow
In any type of business, whether small or large, money is the fuel that keeps it going. In order for your business to have plenty of fuel, your outstanding debts need to be kept to a minimum. So here are some tips to keep you on top of things and keep your business running as planned.
5 reasons why you should entrust the collection of your invoices to a professional
Debt collection can be a very stressful task and many businesses simply lack the expertise, time and skills to effectively collect their debts. As debt collection specialists since 1993, we share 5 benefits of outsourcing your debt collection efforts.
Unpaid customer invoice? How to collect debts?
Unfortunately, no business is ever completely safe from an unpaid invoice. Every entrepreneur has to deal with it at some point. It is neither easy nor advisable to claim your money yourself, especially during a pandemic or economic crisis. It is often better to call on an external service. How to proceed?
April 8: National Paramedics Day
On this day, we wanted to take our hats off to this profession, to these men and women who often work in emergencies, with difficult hours, 365 days a year, 24 hours a day.
April 7: World Health Day
Guy is a physiotherapist. In January 2020, he launched as an independent. Starting your business generates quite a few costs to find suitable premises or even acquire medical equipment. However, he is very positive and enthusiastic about the idea of doing his job which he is passionate about.
