New data has revealed that more than 1000 businesses went bust in 2018 while they waited to be paid by clients or customers. This startling data from Begbie Traynor highlights the importance of debt recovery to the success of small business and the massive problem of late payment in the UK.
Stephen Cowan looks at summary warrants and the powers and effects they can have.
Why are your terms and conditions of doing business important? In particular, why are non-standard terms so important? And how are they relevant to avoiding or recovering unpaid debts?
In simple terms, this is where you can put all the details about the provision of goods and services by your business and create a legally binding document to protect the business in the event of a complaint, dispute or failure to pay for goods and services supplied in a timely manner or not at all.
Join us at our interactive Debt Recovery Conference where we will give you first-hand experience of what to do when your customer does not pay.
How long can I continue to chase what I am owed? Is there a legal time limit that will prevent me from pursuing unpaid invoices? These are common questions that debtors have regarding monies owed to them that we aim to explore in this blog.
"All those involved in debt recovery are aware of the increasingly complex legislative regime in which they operate. This publication gives a practical guide through the regulatory maze." (Stephen Cowan).
Flybmi, the British regional airline that operated short-haul flights, fell into administration on Saturday after being severely affected by ‘spikes in fuel and carbon costs’ due to uncertainty arising from Brexit.
In 2018, Flymbi ran 29,000 flights, with a total 522,000 passengers on its 17 Embraer planes. 376 staff are employment by the East Midlands based airline, which flew to 25 European cities, including Milan and Munich.
The “Common Financial Statement” is a standard budget format which helps creditors, advisers and people with debt get a clear picture of an individual’s or household’s financial situation.
Legal changes can have a dramatic impact on you and your business. To ensure you are kept up to date with the latest developments and have the knowledge to make timely, effective decisions, please sign up for our free updates.