Auckland Small Business Help

Debtors Ledger Control and Debt Collection

Does your small business have trouble with Debtors Control ?

Is your Cashflow suffering because you cannot get paid by your customers ?

Is your Office Administration more about chasing Debtors than it is about running an efficient business ?

Does your Debtors Clerk (often yourself or your partner, as the small business owner) dread the monthly (sometimes weekly)grind of ringing Debtors and trying to get them to pay their account ?

There is a better way:

Outsource your Debtors Ledger

By outsourcing your Debtors control to a Professional Debtors Service, you not only take away a huge source of time wasting and frustration in your business, but you will save money, have better cashflow and can concentrate on running a more efficient business.

Debtors Control is not always about Debt Collections.

Efficient Debtors control is about a relationship with the Debtor to find the cause of the debt being outstanding.

Hardline Debt collection, while sometimes necessary, in general alienates the Debtor from the Creditor, making it unlikely that they do future business, so now the Creditor (you) not only has a bad debt, but also has less future business.

By working with the Debtor to identify causes and possible remedies, a Professional Debtors Ledger service can maintain ongoing business between the two businesses.

When the Debtors Ledger service is also part of a Business Consultancy and Assistance company such as the Inca Group then a win-win situation can be developed, whereby the Creditor gets improved Cashflow from better Debtor control, and the Debtor gets the same, through understanding the financial implications to their supplier, assistance with running their business and with their own Debtors Ledger. The Ripple effect is obvious.

This Win Win situation is good for immediate Cashflow and long term sustainable business.

Business Relationships

Whether you have realised it yet or not, Small Business is about relationships, not about the products.
Understanding the requirements of each other and working together so that you both get what you want is what makes a good and sustainable  business relationship.

As businesses get bigger, those personal relationships are given less weight and it can become a situation of Big business trampling on Small business.
However this model is not sustainable, and the big businesses soon find they cannot get any small business suppliers, which can become a significant issue in New Zealand, bearing in mind that the large majority of businesses are small (less than 50 employees).

So if your Debtor Ledger is causing your business major problems then pass it over to a service that is made to do specifically that, so you can get on with running your own business well.

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Auckland Small Business Help

Every Business requires accounting services of some sort and Auckland Small Businesses are not different.
Whether it be in a hands off roles for producing financial accounts at the end of the year,
or in the preferred role of active participation in day to day account keeping and status reporting.

Active accounts keeping allows a business to see the real financial status of the business and thus make much better decisions.

Services that can be dealt with in house or by outsourcing include:

• GST Returns
• Accounts Payable
• Accounts Receivable
• Wages
• PAYE
• Cashflows
• Data Entry
• Assessing office systems
• Typing
• Secretarial & P A Duties
• Other administrative requirements

Most New Zealand small businesses use  MYOB or QuickBooks and some training in the use of these packages can make a big difference to office efficiency.

Professionally trained staff  providing accounting and administrative support, frees up time to be spent on core business.

Many Small Businesses require only a few hours a week with their book work and it is often done “by the Wife”.
A good accounting service will work hours to suit your requirements, and at locations to suit, at the business office or at theirs and be much more efficient at the skilled tasks, thus keeping costs to a minimum.

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Auckland Small Business Help