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Credit control guide

Everything you need to know about credit payments

This no-nonsense credit control guide will help you develop your business practices to reduce the risk of being paid late, and will also help you chase clients that don’t pay on time.

You’ll learn about payment contracts, what you can put in your terms & conditions, and what you can do to enforce your rights. We’ll also help you understand UK late payment legislation and how to officially begin debt collection procedures. Finally, learn how to spot when your clients are in financial trouble, so you can get out early.

This credit control guide also includes links to some handy late payment letters that you can download, personalise and send to all your tardy clients.

“Very helpful and keep things easy.” – Jamie Regan, JR Consultancy & Training Ltd

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Credit Control guide
by Nick Chowdrey

What you’ll learn

  • How to protect yourself from late payments
  • How to effectively approach late paying clients
  • UK late payment law
  • Official procedure for debt collection

Contents

  • What is credit control and why do I need a system?
  • Identifying risk
  • Contracts of engagement
  • Terms & conditions
  • How to get paid on time
  • Suggested overdue letters
  • UK Late Payment Legislation
  • Debt collection & recovery
  • Top 10 signs your client is in financial trouble
  • Emergency credit control checklist
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