by Rina Bharath | Aug 2, 2023 | Business Credit Checks, Cash flow, Consultancy
Over 50% of UK SMEs rely on customers paying them to ensure that they in turn can pay their own creditors, however, recent research suggests that UK SMEs are owed on average £250,000 in late payments. If your business doesn’t have a credit policy it should get one or...
by Rina Bharath | Mar 28, 2022 | Business Credit Checks, Commercial Debt Collection
Premium Collections Limited are proud members of Greater Manchester Chambers of Commerce, and for Credit Education Month, Paul Daine, Managing Director of Premium Collections was honoured to be asked for 6 top tips for businesses to improve their commercial credit...
by Simon Edmondson | Sep 29, 2021 | Business Credit Checks, Consultancy, international Debt Recovery
Bond is back fighting all kinds of evil villains. This British institution has stretched 60 years and created one of the most profitable film franchises of all time! But what can we take from the films and bring back into business? Well longevity would be one of the...
by Simon Edmondson | Sep 6, 2021 | Business Credit Checks, Commercial Debt Collection, international Debt Recovery, Uncategorized
The 6th of September is Procrastination Day which made us think about all the things we put off. How often have you said I will do that tomorrow and always find a reason to put it off again? This is a very common problem in the debt recovery world as clients have kept...
by Simon Edmondson | Aug 8, 2021 | Business Credit Checks
At Premium Collections we do a lot of networking to get our message across to potential clients or more importantly the clients of the contacts we are meeting at the events. We also use it to increase those all-important connections and potential suppliers. Many...
by Simon Edmondson | Jul 21, 2021 | Business Credit Checks, Commercial Debt Collection, Consultancy, Uncategorized
Last week we sent out a post regarding how long your invoices are outstanding or as we call it debtor’s days as an average and the feedback we got back was quite interesting. This was sparked by a conversation with an accountant who insists his clients can tell him...