Following on from our article last week ‘debt collecting – top tips’ we have received lots of requests from clients for further help/information about this – after all, this time of year is notorious for being difficult to extract cash from customers.
Are your debtors crippling your cash flow? Are you struggling with chasing payments in from your customers? Could you minimise the risk of bad debts by collecting debt earlier? Why not standardise your procedures and follow our simple step by step guide below to debt collecting? Note: We at K A Farr & Co. have applied these principles & reduced our debt by 50%.