Unpaid invoices disrupt small business operations, creating cash flow gaps that hinder hiring and inventory. Debt Recovery for Small Business begins with robust prevention: include explicit 30-day terms and interest clauses per the Late Payment Act 1998 in all contracts. Invoice promptly with full details like client info and unique numbers to expedite processing. Follow a reminder cadence—polite at seven days, formal at 14, and a Letter Before Action at 30. For non-responders, engage B2B specialists like Federal Management on no-collection-no-commission terms, ensuring ethical mediation. Avoid delays that escalate costs; reclaim funds efficiently and sustain growth.
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