Our experts provide their insights on the latest industry developments and share tips on accountancy and business matters.
19 June 2017
Creditor services – make the best of a bad situationUnfortunately, customers and suppliers do fail. It is, if you subscribe to Robert Peston’s view, a positive reflection on the economy as he believes growth doesn’t resume at any great speed until unviable and inefficient businesses are put out of their misery. This is all well and good of course but when you are facing a bad debt from a customer or a supplier failure interrupting your supply chain, the impact on your business can be significant.
09 April 2017
How can my business improve its credit control procedures?The essence of credit control is ensuring credit is given to customers who are able to pay and that customers pay on time. So, what are the key stages to consider in creating a credit control procedure?
03 April 2017
Don’t get stuck on TAAR (Targeted Anti Avoidance Rule)Contractors wind-up their companies for many reasons, returning to permanent roles, opting to trade under an umbrella company, or even retirement. There are a variety of ways to close down a limited company and it’s important those involved take expert advice to ensure the best solution.
31 March 2017
Outsourcing credit control support services – what are the benefits?Providing credit for your customers is a great way to increase customer sales but if you fail to have a sound system in place for collecting the debt, your company’s cash flow will suffer.
27 March 2017
ContractorMVLs - what we doSo you want to close your limited company? What are the next steps? As a contractor, one option you could consider is a members’ voluntary liquidation. Our dedicated ContractorMVLs service is specifically designed to meet the needs of contractors.
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