How much will it cost?
A lot less than you think.
Just as you wouldn't expect a garage mechanic to give you a diagnosis and quote for repairs if you ring him and say 'my car won't start' - its impossible to give a cost for credit control without knowing something about your business.
You need to ring, have an initial chat to determine whether I am able to help, and then I'll come out and see you to ask all the questions necessary to be able to give an indication of cost.
Charges are simply a very reasonable hourly rate for the work done at your own premises. Right under your nose so you can see exactly what you are paying for. You get the benefit of the money coming in straight away, then pay for my time on 30 day terms.
Forget expensive consultant-type fees commissions, debt collection agency charges, charges per invoice chased etc etc. This is just like having an extra member of staff tp do your business credit management, but without all the staffing costs. But unlike an extra member of staff, you can have as many or as few hours as needed each week or month just to do the job.
Costs depend initially on how overdue the debts are, how many invoices and customers you have, and how used your customers are to paying late! It can take time to retrain some of them! The first couple of visits might take longer, if there is any backlog of overdue money to get in. Then once the debtors ledger is cleaned up, the work is less and less each month, which costs you less and less each month. Or, after the initial clear up, I can hand the 'maintenance' over to your own staff if thats what you'd prefer.
No factoring, no invoice discounting, no retainers, no minimum contract, no debt collection agency fees, no staff costs, no % of every invoice, no set up charges, no holiday/sickness pay... .
What have you got to lose? Apart from your overdraft...... ring 01254 777394