Debtors - will they
supercharge growth or
ruin a business?
A guide on how to ensure your clients' trade debtors work for them and not against them
Help your clients leverage strong business health and achieve further growth.
In January 2021, The Small Business Commission reported that £23.4 billion worth of late invoices are owed to businesses across Britain, impacting on business cash flow and ultimate survival.
Some companies recognise that trade debtors can be managed in a positive way, especially those which wish to scale by leveraging strong business health to achieve further growth. By focusing on your clients' Balance Sheet you could provide commercial solutions that could positively influence the long-term success of the business.It’s time to look at trade debtors in a completely different way.
In this guide, we’ll be talking through how to leverage on your clients debtor books to support growth and what to do when debtors don't go in your clients' favour.
You'll learn:
How to use trade debtors to your advantage
Best practice basics
What to do when debtors go bad
How to work the debtor book to achieve greater facilities with lenders