Definition Of Cash Flow

The definition of cash flow is not really what you should be looking for to improve your business. It is the practical effect of cash flow and the steps you can take to improve it, that are important to understand. For those of you looking for a dictionary response,...

Andrew Mitchell Court Case Decision

The Andrew Mitchell court case, is a claim brought by the politician who became stuck in the middle of the “plebgate” affair, when it was alleged, amongst other things, that he had called a police officer a pleb. Andrew Mitchell has since commenced a defamation claim...

Late Payment Interest And Compensation

Late payment interest and compensation can be used to improve your cash flow. Earlier this year, the UK introduced new legislation to help businesses get paid quicker and improve cash flow. There was already legislation put into place in 2002 but the updated...

Debts Don’t Die Because The Debtor Dies

Debts don’t die because the debtor dies. Clearly, it is important to handle the situation carefully and sensitively but you are entitled to pursue the debtor’s estate for the sum he owed you. You should not delay too long letting the estate know that the sum is...

Mediating Business Disputes

Mediating business disputes is always worth considering. The courts encourage parties to mediate and the Judges have the power to hit a party on costs, if it refuses to mediate. However, the courts cannot force the parties mediate.   It remains a popular option...

Pitfalls Of Using A Winding Up Petition To Recover A Debt

The threat insolvency proceedings on a debtor is immense and can result in payment being made. However, it is a risky approach.   A Winding Up Petition Is A Potential Abuse Of Process   The courts consider using insolvency proceedings as a method of...