Happy New Year
Happy New Year to anyone reading this blog. I have just returned to work after the Xmas festivities and I am already being contacted by businesses, who have returned to work and are extremely concerned about the level of outstanding money owed to them. This is fairly common, but, numbers of people contacting me so […]
Hindsight or foresight?”
I recently had the pleasure of presenting to the latest batch of business students at the Te Wananga o Aotearoa , my role being to impart the perils of being in business and how to protect oneself, by utilising the tools available under the credit management sector, fundamentally, employing Terms of Trade, credit checking /monitoring, […]
Times are hard
I had the opportunity to present to the Canterbury Brick and Block layers association, over 3 years ago now, topics included the benefits of Terms of Trade, managing cash flow , utilising Debt Recovery , Credit checking / Monitoring etc. The evening was very informative, lots of questions etc, but, I didn’t see too many […]
Painful Times
I see in the press recently that there have been announcements in relation to the Stonewood Homes liquidation process from the liquidators themselves in regard to voidable transactions. This basically is where the liquidators can ask contractors, who have been paid previously by the company that has now entered into liquidation to return the […]
No dumb questions
I have just had the pleasure of presenting to a series of classes at the Te Wananga o Aotearoa business courses. My role when presenting to these classes is to highlight why businesses need to have Credit Management processes in place that are strengthened by having robust Terms of Trade, ability to Credit Check, register […]
“information, information”
I have attended two events this month, the Rotary Club of Hornby’s annual golf day and the Kaiapoi Promotions Association biweekly meeting, one event where EC Creditcontrol sponsored a hole, and one where I was given the opportunity to speak to the group. Both events were really excellent in being able to talk to people […]
March blog entitled “The elephant in the room”.
The very high profile entrance into receivership of Stonewood Homes NZ Ltd has once again highlighted the absolute need for credit providing businesses to have legally robust Terms of Trade in place, which includes the authorisation to register under the P.P.S.A., to become a secured creditor. To be honest, rumours of Stonewood’s situation has long […]
Refresh the memory
I recently had the opportunity to present to the entire staff of Carpet Court Christchurch City; the benefits of effective credit management through having robust Terms of Trade in place, the ability to credit check your clients and the escalation of your cash flow management process through to debt recovery. This was a very enjoyable […]
Time to refocus
As we all start the business of getting back to work after the holiday period, it is important that we refocus quickly on the credit management sides of our perspective businesses. The “Dick Smith” scenario has once again reinforced the importance of having robust Terms of Trade in place. If you have been putting, getting […]
It’s that time of the year
I recently attended a seminar hosted by the Rightway Accounting Regional Partners here in Christchurch, entitled “2016 – are you ready? The purpose was to encourage businesses to use this time , as the year draws to a close, to analyse how things are progressing, set new goals, review old ones, evaluate what is working […]