The Bigger Picture (Bath) – Issue 13 [16 July 2015]
Welcome to the Bigger Picture – a series of in-depth features on important issues which may affect you personally or in business. These features are published monthly in the Bath Chronicle.
In this feature: Keeping cash flow healthy and managing bad debt
We’ve all heard the excuses, “we’ve lost your invoice”, “the cheque is in the post”, “our accounts system is down today”. Chances are, if you are told something along these lines when you chase for payment, your customer is experiencing some kind of financial difficulty. Nicola Cutler, a solicitor in the commercial dispute resolution team at Bath law firm Withy King, advises on how to keep cash flow healthy and manage bad debt.