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How long can you chase a debt?

How long can you chase a debt?

‘How long can you chase a debt for?’ ‘What are the time limitations on recovering money?’ ‘Have I left it too long to try and get the debt paid?’ These are all common questions asked by people who get in touch with us at Daniels Silverman. In this blog we hope to give you some […]

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Staffing & Temp Agencies: Keeping Business Moving

Staffing & Temp Agencies: Keeping Business Moving

Building a strong workforce and ensuring continuity in your service or product is key for any business and one of the best ways to guarantee that service doesn’t suffer is to use a reliable temp agency. 20% of companies now report that they are using temp agencies; their expertise and experience allows them to spot quality candidates and weed out the unreliable to provide you with the flexibility that is necessary in order to run your business effectively. The agency will do the work of screening the candidates and ensuring only those who can fulfil the role are sent.

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Bad Debt & Avoiding Administration

Bad Debt & Avoiding Administration

Huge companies collapsing can send shock waves and ripples through the business community that reach far and wide, from large corporations through to medium and smaller sized businesses. There are steps you can take to mitigate your risk by having robust systems in place. Partnering with an established and experienced collection agency is one way to do this

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Sole Trader Debt Problems – How to collect money owed for work done

Sole Trader Debt Problems – How to collect money owed for work done

Many sole traders and small businesses are unwilling to chase bad debt.
Research has shown that many of these are hesitant about doing so because of how awkward or uncomfortable it makes them feel. Others do not pursue what they are owed for fear of antagonising or alienating a customer who they want to keep. Even if these businesses have started trying to recover the money 3 in 10 will simply give up before they have their money.

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When should I consider using an agency to collect my debt?

When should I consider using an agency to collect my debt?

Chasing overdue payments from clients can be a time-consuming and frustrating process, and there are a number of different circumstances where using a professional would be the best option for your business. But how do you know when it’s the right time to ask someone to take over this role for you?
At Daniels Silverman we have identified 5 circumstances when using a debt collection agency would benefit your business.

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IT Companies Debt Recovery

IT Companies Debt Recovery

In a busy and fast-paced environment these companies may struggle to find the time, or have the necessary skills required to recover any monies owed from unpaid invoices. As with many companies maintaining good customer relationships is key to retaining clients and securing repeat work and this can put businesses in a difficult position. How do you get the money you are owed, for the work you have done and keep a healthy relationship with your client base?

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Construction Industry Debt – Worrying Rise

Construction Industry Debt – Worrying Rise

Debt recovery within the construction industry takes specialist knowledge and understanding of the sector. Construction contracts are often very complex, (sometimes deliberately so), and this results in businesses being paid less than they are owed, not being paid on their terms or not being paid at all.

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Dentists Debt Collection

Dentists Debt Collection

Daniels Silverman already have many Dentist practices on board and successfully collecting patient debt in a quick and ethical way. We put the reputation of our clients at the centre of all that we do, meaning that we will endeavour to do all that is possible to recover the money and protect your brand.

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