Tag

Bad debt

Articles, advice and guides on dealing with bad debt covering important topics such as: methods of debt recovery, chasing money you are owed, how to stop late payment issues, and example debt collection letters.

News

Businesses in distress increase by a fifth over a year

Insolvency expert Begbies Traynor calls on government to take softer line with small firms struggling to repay Covid debt

News

Half of small businesses poisoned with ‘toxic debt’

Recovery expert Begbies Traynor says hospitality and property particularly vulnerable to carrying debt they might struggle to repay over the coming year

News

One third of small businesses are highly in debt

Bank of England expects the number of small businesses that collapse to rise this year as restrictions on winding-up orders are removed

Accounting

Debt recovery explained – a guide for your small business

Commercial debt recovery: how can I help myself and what do I need from a third-party collections business?

Business Loans

Banks set to scrap plans for Bounce Back Loan debt collection agency

Lenders abandon plan for single emergency Covid-19 loan repayment agency, saying it would be too complicated

Business management

How to choose a debt collection agency

Former Labour shadow chancellor Chris Leslie on how to find a debt collection agency to chase unpaid invoices

Business management

How to chase debts and get paid

Ignoring money owed to you is not a business strategy. Sue Chapple offers ways to ensure your small business gets paid.

Accounting

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.

Small Business Banking

Extending trade credit? Accurate business data is key to avoiding bad debt

Tim Vine, head of European trade credit, Dun & Bradstreet, explores how data can help you avoid bad credit.

News

Bad debt soars despite increase in sales and salaries

Data from Creditsafe’s Watchdog Q3 Report 2017 released finds bad debt has soared despite an increase in sales and salaries.

News

Recovering debts set to get tougher under new rules

New rules set to be introduced next month that are designed to speed-up the resolution of financial disputes and debts recovery.

Buying and selling a company

Is buying a business in debt worth the risk?

Gary Edwards of Company Valuation Services gives his top tips and speaks to fellow entrepreneurs on the risks of buying a business in debt.

Partner content

What is professional indemnity insurance?

Professional indemnity insurance provides cover if somebody sues your business and they allege that your advice caused financial loss or damaged their brand. It’s not just for accountants and lawyers but for anyone offering a personal service, even web designers

Partner content

Benefits of switching to the right business bank account

We've teamed up with the Current Account Switch Service to explain the benefits of switching your business bank account.

Partner content

Business Companion: a reliable voice in the misinformation age

Business Companion is a one-stop-shop for accurate and up-to-date legal guidance, whatever sector you’re in — and it’s all completely free

Finding and selling to customers

How Amazon Ads is supporting entrepreneurs

Digital ad campaigns aren't just for big businesses. Here's why you should be considering it...