Debt Collection best results guide You have tried your best to reach out to your client and to recover the debt owed to you. Alas, with no luck you have to move the debt collection to the next stage. But what exactly is this next stage, and how can you manage it to get the best result? […]
When Virgin Australia announced it was entering into voluntary administration, the business world was sent into a shockwave, potentially changing the Australian aviation landscape forever. It made us all question “How does a powerhouse like Virgin enter voluntary administration?” and “What affect will COVID-19 have on other businesses, large and small alike?” What is Voluntary Administration? Before[…]
How to deal with bad debt for every business owner Debt is a fact of business life. At all times you are going to have clients or customers owing you money, or a bank holding funds in escrow, or even services rendered under dispute. A business owner’s dream of having unhindered cash-flow and being bad debt-free is[…]