Business Bulletin Magazine

Bankrupt, insolvent or in need of rescue?

June 13, 2025 Gavin Bates 1449 Views administration, bankrupt, bankruptcy, cashflow, debt, HMRC, insolvency, insolvency practitioner, insolvent, liquidation

I doubt any business owner is totally ready for the pressure that being in charge can bring. It’s hard being the person at the top, particularly when it comes to having money issues.

Finance

Credit searches and the impact on your credit score

June 10, 2025 Wendy Tate 2170 Views credit, credit rating, credit scrore, credit search, debt, debt collection, hard search, soft search

More people are looking at credit solutions to help their businesses navigate these unprecedented times I thought it would be helpful to understand the different types of credit search and the impact of each on a credit rating. What is a credit search?

Finance

Essential tips for credit control

August 29, 2024 Paul Marks 1362 Views cash flow, cashflow, credit control, debt, payment

Credit control can be described as the process of ensuring customers pay their invoices on time, and the system in place to resolve the issue if they don’t. Cash flow has been covered in another chapter of this book. Credit control is a vital part of controlling that cash flow.

Finance

5 steps to exterminate the virus of late payment

July 23, 2024 Gary Thorpe 1372 Views cashflow, debt, debt management, late payment

Struggling with cash flow? Many SMEs are. Maybe cash flow is so slow that you’re not able to pay your staff or yourself a wage – 32% of business owners can’t. If you’re struggling to pay staff on time and can’t pay yourself a decent wage, that’s scary.