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Bookkeeping – the Benefits for SMEs

Submitted by admin on Tue, 04/26/2016 - 15:32

Last week we gave some advice for SMEs on the best ways of maintaining a steady cash flow which an essential consideration for small businesses.  The first tip was to keep on top of your bookkeeping using either an accounting system of the services of an accountant who specialises in SMEs.  With so many small businesses being crippled by customers owing money, it really does seem unfair that your business can fold through no apparent fault of your own.  Today we

Small Business Advice - Five Top Tips for Steady Cash Flow

Submitted by admin on Thu, 04/21/2016 - 12:17

A steady cash flow is essential for businesses, no more so than for smaller businesses. In fact, poor cash flow is the reason why one in every four businesses don’t survive past the first year of operating and more than half of businesses don’t manage to get past the first five years. Cash flow is the term used to describe the money flowing in and out of a business and is usually measured over set periods – monthly, quarterly and annually.

Advice for Small Businesses on Recovering Debts

Submitted by admin on Mon, 04/18/2016 - 11:16

If you own a small to medium business, then you’re sure to know that invoicing early and chasing payments effectively can ensure a healthy cash flow.  In cases where an invoice is not settled on time, an email reminder will usually sort out the problem quickly.  However, sometimes a polite reminder from you is not enough to do the trick and elicit payment.  Deciding what to do next may have you flummoxed – you have a tough decision to make.  You know that a healthy cash flow is essential for the long term benefit of your business – after all, nearly a q

ACA International Membership – What Does it Mean?

Submitted by admin on Wed, 04/13/2016 - 11:48

ACA International is the Association of Credit and Collection Professionals, was founded in 1939 to establish the ethical standards for the credit and collection industry on a global basis.  It produces a variety of products, services and publications and promotes the value of the credit and collection sector to businesses, policy makers and consumers.  The International Unit of ACA International consists of more than 300 collection companies in more than 60 countries and here at Access Credit Management, we’re proud to be a member of such an illustrious organisa

Recovering a Debt through the Small Claims Court – What you Need to Know

Submitted by admin on Mon, 04/11/2016 - 11:30

If you’re a small to medium business owner and find that you are owed money by a client or customer who is continually avoiding payment there are ways in which you can recover the monies owed to you.  The most common method is via the County Courts Claim procedure and many business owners turn to this method in order to extract payment from non-paying customers or clients.  However, there are issues that must be considered before resorting to the County Court.  There are at present 13 protocols that can be followed to ensur

Debt Collection News Roundup - March 2016

Submitted by admin on Wed, 04/06/2016 - 11:30

Here at Access Credit Management we pride ourselves on keeping up to date with what’s going on the international debt collection industry.  We aim to bring our readers interesting and relevant news about the sector so once a month we publish a News Roundup.  This should keep you up to speed with all the important happenings in the industry and provide you with a valuable resource that that you can use to stay fully informed of all the latest news.  It would be interesting to know what you, the readers, think of the stories

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