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Author: Natalie Wright

Planning your future financial position Cash flow forecasting involves estimating your future sales and expenses. A cash flow forecast is a vital tool for your business because it will tell you if you'll have enough cash to run the business or expand it. It will also show...

Why you need a website terms of use agreement If you have a business website, it's a good idea to have terms of use to protect your business and your visitor's information. Does my website really need terms of use? The privacy act and your responsibilities.If you are...

Are you a public or private sector business dealing with customer information?  Our law states if you are then you must have a Privacy Officer. In this blog, we detail this role, why having a Privacy Officer is essential and their responsibilities are under the Privacy...

Are you looking to get paid on time? End of month billing can be a daunting prospect, and there is no guarantee of on-time payment. However, by improving your workflow there is a greater chance of having a healthier cash flow. Here are some ways you...

They say an "apple a day keeps the doctor away".  The same can be said for implementing good practices to keep your business thriving.  A healthy business is a successful business.  There is no one size fits all approach. However, there are proven ways to reach...

Don’t be a business casualty Find out how we can help secure your business. An article released by National Business Review suggests that a wave of insolvencies is imminent.  I suspect within six months, some [businesses] aren’t going to survive. It’s just been too hard to hold...

The virtues of a heathy cash flow All business owners want to have healthy cash flows but what does a "healthy cash flow" really mean?A positive cash flow simply means more cash flows into your business bank account than out of it, which is essential for...

How to keep credibility when collecting debt It’s not uncommon to feel uncomfortable when collecting debts. In this blog, we look at how businesses can keep credibility when collecting a debt. Use a digital, automated system. Using a paper system is an easy way to appear disorganised ...

6 ways to encourage customers to pay on time. It happens time and time again. A customer has every intention of paying on time but suddenly life gets in the way and they miss a payment. No matter what the reason is, the consequences for a...

At EC Credit Control, we’re lucky enough to work with a wide variety of businesses, big and small. From our debt resolution team to our terms of trade drafters, we have borne witness to many stories of success and failure over the years. Consequently, we...

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