[Richard Stevenson]

I,ll be the first to admit i,m rubbish at keeping an eye on my late payer's. In the last year or two i have had to use dept recovery company' each time they get the money - 10%. A hotel owed me 5k, got after about 2 weeks, an engineering company owned me about 3k got that straight away. The latest one a managing agent owed me about 6k, i have been told the bacs payment will be made this week. If anyone want the details of these collector's give me a shout.

[Dick]

How can you take your eye off £14k of money owed?

[duncan h]

How can you take your eye off £14k of money owed?

+1

[Richard Stevenson]

This is over a number of years, and i did say i,m pretty rubbish at keeping an eye on bad payers, although it is nice when this money comes in in big lumps.

[SeanK]

How can you take your eye off £14k of money owed?

For most of the guys on here that's only six weeks worth of work, so you could miss it very easily.

[Bungle]

I,ll be the first to admit i,m rubbish at keeping an eye on my late payer's. In the last year or two i have had to use dept recovery company' each time they get the money - 10%. A hotel owed me 5k, got after about 2 weeks, an engineering company owned me about 3k got that straight away. The latest one a managing agent owed me about 6k, i have been told the bacs payment will be made this week. If anyone want the details of these collector's give me a shout.

Am I right in saying that you have forked out £1400 to a debt recovery firm? I smell ........... here

[duncan h]

I panic if I don't see a customers payment in the bank a few days after cleaning. Text gets sent out to remind them. Start missing the odd payment and it all gets messy

[Richard Stevenson]

Yes i did pay out approximately £1400 to dept recovery.  Big companies often think they can get away without paying, and the will fob off a small business like mine hoping i,ll go away, its a last resort using a d recovery, but it does work and worth paying for £1400 to get £14000, no brainer. Like i said in the 1 st post i,ll pass on details if anyone in trouble.

[Stoots]

i put 3 days on slips, i start to panic after this n chase em.  14k slipped your mind?

[Richard iSparkle]

Yes i did pay out approximately £1400 to dept recovery.  Big companies often think they can get away without paying, and the will fob off a small business like mine hoping i,ll go away, its a last resort using a d recovery, but it does work and worth paying for £1400 to get £14000, no brainer. Like i said in the 1 st post i,ll pass on details if anyone in trouble.

It happens.. i think its pretty common in small business. especially if you are on commercial jobs.

well done for getting it sorted.

what is the minimum debt they'll chase?

[Richard iSparkle]

Yes i did pay out approximately £1400 to dept recovery.  Big companies often think they can get away without paying, and the will fob off a small business like mine hoping i,ll go away, its a last resort using a d recovery, but it does work and worth paying for £1400 to get £14000, no brainer. Like i said in the 1 st post i,ll pass on details if anyone in trouble.

It happens.. i think its pretty common in small business. especially if you are on commercial jobs.

well done for getting it sorted.

what is the minimum debt they'll chase?