Any business that offers credit to its customers needs to maintain a healthy relationship with debt collection. Otherwise, the prospects of a consistent cash flow for a business and its individuals become more unlikely. Early intervention strategies are a debt recovery tactic that has a lot of misconceptions surrounding it, which can cause barriers, confusion, and difficulties […]
Read More...The process of pre-legal debt recovery is a necessary aspect of every business, but especially so if the business offers customers credit. When a situation occurs where a customer fails to pay their debts, it can have negative consequences on the business’s cash flow and cause significant financial strain — especially on small businesses that […]
Read More...When collecting debt, sole traders pose a unique challenge. The legal and financial liabilities of a self-employed individual will be different from a standard business, making it crucial that debt collectors understand where sole traders and companies intersect and where they differ. Frontline Collections is the UK’s longest-running private debt collection specialist. We’ve compiled this guide outlining […]
Read More...Chasing an unpaid invoice is a reality for many businesses and self-employed persons when their debtors don’t pay them. When more amicable methods fail to recover debt from debtors, pursuing legal action in the Small Claims Court becomes necessary. The Small Claims Court can be a tedious and costly endeavour to undertake but is an […]
Read More...Freelancers are one of the most ambitious and dedicated workers in the UK. In addition to the everyday struggles that freelancers face, they also have to manage their finances and ensure that timely payments are collected from their clients. While many freelancers receive seamless, timeous payments from clients, they will eventually encounter late or non-payment […]
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