You can read more about Blitz Credit Management and what we’re doing by clicking on the titles of the articles below.
Why good record keeping is essential to your debt collection
If you offer credit to your customers, chances are you know all about the revised guidelines issued in 2014 by ASIC and the ACCC designed to encourage reform across the debt collection industry.
New collection guidelines: Defining acceptable debt collection conduct in Australia
In July 2014 revised guidance was issued to help Australian creditors and collectors understand (and adhere to) acceptable standards in the collection of debt. To avoid significant penalties from unintentionally breaching the law, businesses involved in debt collection are encouraged to familiarise themselves with the major changes and implications of the revised guide.
Don't let cash flow stifle your growth
We all know that cash is king, or rather – cash flow. In today’s volatile economic climate it’s more important than ever to have a good handle on your company finances. Without appropriate systems and processes to maintain positive cash flow, finances can quickly spiral beyond control.
How to make a debt collection call
It sounds simple, right? Pick up the phone, ring your customer and let them know you’re expecting them to settle their overdue account. Unfortunately, it’s not always easy. If you haven’t prepared, the call can quickly take a wrong turn. Or, an emotional reaction from the recipient can easily throw you off your game.
How to find a missing debtor
Getting a debtor to pay a delinquent account can be tricky, especially if they’ve left town with no forwarding address. There’s no need to write off the debts of a missing debtor. Often you can track them down as long as you know where to look.
Teaching your children about the mysterious world of credit and debt
Do you worry about how well your children will manage debt? Never before has money been so abstract. With our reliance on internet banking, direct deposit of payroll cheques, and standing orders to pay bills via direct debit, it’s likely your children have no concept of how money actually changes hands. Banks are quickly doing away with the signature on charge cards, removing any obvious sign of personal responsibility of debt.
The risk of dodgy debt collection
‘Cynical’, ‘unconscionable’ and ‘clearly unfair’ are words most business owners never want to hear. When a federal court justice uses these very terms to describe your debt collection activity, chances are it’s going to be coupled with a hefty fine that could financially cripple your business and the individuals involved in it.
Using social media channels for debt collection
If used correctly, social media channels like Facebook can play an effective role in your debt collection strategies.
How to recover debt from Gen Y
Struggling to recover debt from your Gen Y customers? If you understand their spending attitudes, you can work on planning to help motivate them to pay.
Do you have credit terms for your business?
As a small business, you often find yourself doing consulting work or providing goods and then invoicing for the work. This is providing goods or services on credit, just as any other credit provider. This article discusses how you should implement credit terms for your business.
Privacy Act changes: The impact on debt collection
With the Privacy Act amendments coming into effect early next year, it’s important to know how the changes are going to impact your business’s debt collection practices.
Choosing a debt collection strategy: in-house collections vs. third-party agent
Most businesses have to chase debtors at one time or another, so a debt collection strategy will go a long way in helping to recover monies owed.
How to make a debt collection call - advice from Blitz Credit Management
Natalie Walker from Blitz Credit Management gives a few tips on how to make a successful debt collection call.
When does a bad debt become uneconomical to pursue?
Natalie Walker, Managing Director of Blitz Credit Management, gives advice on when a bad debt becomes uneconomical to pursue.
Making sure you get paid by your clients
Natalie Walker, Managing Director of Blitz Credit Management, gives advice on how to make sure you get paid by your clients.
Are you losing sleep over your debtors? - 5 useful tips to help you get paid
Are you losing sleep over your debtors? Natalie Walker, Managing Director of Blitz Credit Management, provides 5 useful tips to help you get paid.
Blitz Credit Management to exhibit at Perth Small Business Expo
Blitz Credit Management has announced it will be attending the Nifnex Small Business Expo in Perth as a premium exhibitor on Friday 24th May 2013 at the State Tennis Centre, Burswood, WA.
Blitz Credit Management welcomes new national business names register
Blitz Credit Management welcomes the new ASIC national business names register. The new register replaces the existing state and territory registers..
Blitz Credit Management opens new Perth office
Blitz Credit Management announces the opening of its new debt collection centre, at Level 1, 251 Hay Street, Perth.
Blitz Credit Management launches new client software
Blitz Credit Management announces the implementation of new debt collection client software.
AICM welcomes Blitz Credit Management as WA sponsor
The Australian Institute of Credit Management (AICM) has formally welcomed Blitz Credit Management today as a state sponsor of the WA division.
Blitz Credit collectors attend Personal Property Securities Act training
Blitz Credit Management collectors have attended training on the new Personal Property Securities Act legislation due to take effect in October 2011.
Blitz Credit Management joins ACA International
Blitz Credit Management joins ACA International - the world's largest debt collection trade association.
Blitz Credit Management announces AICM WA sponsorship for 2011
Blitz Credit Management is pleased to announce that it is a corporate sponsor of the Australian Institute of Credit Management's WA division in 2011.
Blitz Credit launches new website
Blitz Credit Management is proud to launch its new website.