Latest news
Latest news

Are you doing enough to credit check your customers?
Wednesday, 6th November 2019 11:33

Offering credit terms to customers is a solid strategy for building business relationships and  increasing sales but with 62% of SMEs reporting that they are struggling with late payments, it’s vital that companies are proactive in making sure that they have a clear understanding of their customer’s ability to pay invoices before setting out terms and conditions.

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Late payment woes continue to hit SMEs
Wednesday, 30th October 2019 11:12

Alarming statistics show 20% of business owners are not paying themselves amid cash flow concerns, a new report from Hitachi Capital Business Finance revealed.

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Government awards £2m to boost productivity and tackle late payments
Tuesday, 22nd October 2019 14:17

Good to see that the Government is taking challenges faced by SMEs seriously, and is putting its money where its mouth is by providing £2m to fund projects that are looking for innovative solutions to solve common problems faced by small businesses – with late payment being paramount.

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10 reasons your business needs identeco’s Business Support Toolkit
Tuesday, 24th September 2019 12:15

One of the best pieces of client feedback we have received was, “I was sceptical at first – I needn’t have been. My company uses the toolkit everyday and it has helped us avoid some business decisions that would have put us in a vulnerable position. Worth every penny of the £79.95 annual subscription.”

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How well do you know your customers?
Tuesday, 9th July 2019 13:25

Probably not a question you ask too often in business if things are going smoothly. However, when invoices are unpaid and phone calls unanswered, it’s asking the right questions or digging a little deeper into whom you are working with in those early days that could save you a lot of time, energy and most importantly – cash.

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How SMEs can stay ahead of the game in 2018
Thursday, 11th January 2018 11:25

The British Chamber of Commerce reports that the UK economy will remain on a weak trajectory in 2018 due to Brexit uncertainty, high inflation costs and weak productivity. With many SMEs still reeling from the interest rate increase in November 2017, business experts agree that resilience and willingness to adapt will be key for SMEs to stay afloat this year.

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