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CreditorWatch Blog

Managing your money through managing your debtors

Cashflow

Debt affects customer satisfaction

Debt affects customer satisfaction

It is not uncommon for early stage SME businesses to fall into marketing debt. This commonly occurs when the company, which relies on sales to stay afloat, underfunds its marketing campaign. As a result the health of the corporation starts to fail. The debt and marketing relationship During the initial stages of start-up, most businesses […]

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Why cash is king for small businesses

Why cash is king for small businesses

The strange thing is you can have a full order book and see that your business is really taking off, but if you don’t have a firm grip on the cash flow situation you could struggle to stay afloat and achieve long-term success. It is important to understand why cash flow matters so much to […]

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Businesses urged to monitor customers as court actions increase

Businesses urged to monitor customers as court actions increase

New research shows that nearly 1 in 2 Australian businesses are leaving themselves vulnerable to bad debt by not performing credit checks on their existing customers. CreditorWatch conducted a survey asking questions relating to credit management responsibilities to business owners, accountants and credit professionals from small to enterprise sized businesses. Whilst 72% of all respondents […]

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