How to ensure cash is king
In Discussion With Rob Lewis, Corporate & Commercial Director
In this enlightening discussion, Rob delves into the current challenges faced by small businesses regarding payment terms, debtor days, and bad debt amidst tough trading conditions. He offers practical advice for mitigating these issues, emphasising the importance of strong credit control and proactive cash flow management.
We know that cash is king but are you doing everything you can to maximise it?
Rob shares insightful statistics highlighting the detrimental impact of poor credit practices on SMEs, and addresses the common reluctance of businesses to chase bad debts due to fear of confrontation. He explains his firm's approach to managing overdue debt and the positive results they achieve.
Additionally, Rob dispels misconceptions about outsourced credit control, advocating for it as a viable long-term solution rather than a short-term fix. He outlines the broader benefits of outsourcing, beyond mere cash conversion, providing a comprehensive overview of its advantages for small businesses.
If you are struggling with overdue and bad debt and dread the thought of chasing customers because you don't like confrontation and don't want to upset the client, then this webinar is for you.
Viewers will learn…
Effective credit control strategies: Viewers will learn practical tips for implementing strong credit control measures to address issues related to payment terms, debtor days, and bad debt in challenging trading conditions
Understanding cash flow impact: This interview provides insights into the significant negative effects of poor credit control and cash flow management on small businesses, backed by eye watering statistics
Debt collection techniques: Rob shares strategies for small businesses to confidently pursue overdue debts without damaging client relationships and addresses common fears of confrontation
Advantages of outsourced credit control: Viewers will discover how outsourcing credit control can be a viable long-term solution, improving cash flow and efficiency, and allowing small businesses to concentrate on their core business
Clarifying misconceptions: This discussion clarifies common misconceptions about outsourced credit control, explaining its benefits and effectiveness in managing your ledger and enhancing financial stability
Register NOW and access my full unedited discussion with Rob.
We dig deep on each of these critical areas and share key insight so you can get better control of your cash.
Get to know Rob…
Rob’s been in the credit management industry for nearly 30 years, from starting as a Co-Director of a startup debt recovery firm from in 1998, to exiting that and starting a dedicated credit control agency in 2010, Rob’s dedicated his working life to helping others manage their cashflow.
Rob’s been at the forefront of ensuring businesses get paid their hard earned monies. Rob’s mantra is simple - to help businesses survive and grow.
Growing a successful business is hard and we can’t be expert at all things. Rob’s ethos is to either help others manage their cash-flow challenges or assist in providing a solution that will take a way the pain and anxiety associated with asking your customers for money.
Rob unashamedly admits that they run a small business and so they understand the day to day stresses and strains poor cash-flow can bring. Rob’s purpose is to make sure that businesses don’t unnecessarily suffer these pains, not when there’s a solution out there waiting for them.
