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Customer vetting

Keep Safe from Cyber-Crime

Early this month, BA issued an apologetic warning that their booking website had been hacked. Describing the incident as a “sophisticated, malicious criminal attack”, they admitted that customers’ credit card details had been stolen — including the CVV codes, suggesting an interception rather than harvesting data. BA is just the latest in a long list of major organisations that have suffered recent
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What Do You Need in an Application for Credit?

If you’re applying for credit, it’s important to make it easy for the person looking at your application. They’re only human, and if you catch them on a hard day with an application that’s difficult to follow, they may simply decide to reject it, rather than try to make sense of what you’ve sent. All About Your Business Whether your business is a company or a sole trader, remember to giv
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Will Gove Bring His Axe Down on the Courts?

This year, we’ve been celebrating the 800th anniversary of Magna Carta, and one of the key principles of that historic document was the guarantee of universal access to the justice of the courts. Until recently, that access has been maintained, with almost every substantial town in England and Wales having its own county and magistrates courts. Over the last parliament, the government closed a significant numbe
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My top tips to avoid cash flow problems

  Cash flow is the lifeblood of business. Without money coming in, there’s no money to pay the bills you are running up for marketing, any staff or premises you’ve hired, keeping the lights on and the water running. It’s that basic, and that vital. But when you provide a service or goods without being paid up front, you’re extending credit to your customers. Then, if you have to buy in raw materials, credit may
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My son gave me this as a present – is it a good likeness?

Have a look – do you think it’s a good likeness? MAKE CREDIT COLLECTIONS EASY Businesses have leant the hard way, it is not only the new customers that need vetting, but  existing customers  also need to be reviewed by getting the paperwork right. Ensure that you have all the correct contact details for your customer, and you have an account form and your terms and conditions signed by an approved signato
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Do you really control credit?

Do you really control credit? Businesses have leant the hard way, it is not only the new customers that need vetting, but  existing customers  also need to be reviewed by getting the paperwork right. Ensure that you have all the correct contact details for your customer, and you have an account form and your terms and conditions signed by an approved signatory.  Confirm that the account has been set up correctly on y
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