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Debtors can be tricky to catch

Options for chasing late payments

Late payments are an increasing problem for small businesses. So, when the normal channels of chasing invoices have failed, here are some of the options available to ensure your finances remain solvent.

Debt recovery explained

Sooner or later almost every business finds itself desperately struggling to track down payment from an aloof customer. Where conventional methods fail, debt collection agencies offer an alternative solution.

How to stop late payment

Late payment is costing UK small businesses an estimated 286 million man hours and nearly £3.6 billion per year. Over 2.5 million small businesses are affected by it. Read on for our top tips to reduce the effect of late payment...

Guide to chasing money you are owed

Customers not paying on time can be fatal for a small business so use these tips to successfully chase those reluctant to pay up.

Blood from a stone

It would be unfeasible to run any enterprise of scale without extending and accepting credit. So how do you deal with problem payers? Find out here.

Making directors liable

Most directors believe that a limited company does what it says on the tin: in other words, they do not expect to be held personally liable for the company’s misdemeanours. That could be a false assumption, writes Kelly Tinkler of solicitors Rooks Rider.

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