BUSINESS OWNERS FEELING THE PINCH BECAUSE OF LACK OF ROBUST CONTRACTS IN PLACE.

PRESS RELEASE

FOR IMMEDIATE RELEASE 8 MAY 2023

BUSINESS OWNERS FEELING THE PINCH BECAUSE OF LACK OF ROBUST CONTRACTS IN PLACE.

EC Credit Control launches a complimentary Terms and Conditions of Trade review service so SMEs across the country can future future proof their operation.

The team at EC Credit Control has been talking to businesses across the country, who have all shared similar situations, where their cash flow has been affected. 

Materials they have supplied being used but not paid for, sub-contracting to someone with no written contract accumulating to payment disputes, through to taking on new clients who have unfortunately gone into liquidation and ultimately led businesses to be out of pocket.

Situations such as these can be prevented, and that's why we are on a mission to ensure businesses in Australia have their Terms and Conditions of Trade sorted.

The toll that the last couple of years has had is manifesting in several key issues impacting businesses, such as increasing material costs, low staff numbers, time delays and higher transportation costs. Many business owners are finding themselves having to spend more time out on site, which can mean that admin duties are falling by the wayside.

Add to this an increase in multi-tasking where businesses are having to take on more than one job at a time to counter problems around time delays in getting materials and there is a trend towards business owners being stretched mentally as well as financially.

“If you're a business owner, the last thing you want to worry about is your cash flow. It’s often the smaller businesses I talk to that say they have been meaning to tighten their processes. It’s not until the unexpected happens to either them or their peers that it hits home how important it is to ensure you safeguard your business now, not tomorrow.”  Says Mal Gay, Sales Manager for Australia.

“We are focussed on improving the financial well-being of businesses, so we are offering a complimentary Terms and Conditions of Trade consultation for business owners across Australia to make sure they have the right documentation in place”, adds Gay.

With this check-in, EC Credit Control will:

• Get to know businesses in detail and find out how their operation works.
• Identify areas where they need protection.
• Discuss solutions that could help protect their cash flow.

Being based across the country, our team of Business Support Specialists are available to pop over to a business’s location for a chat, grab a cuppa or happy to talk over the phone or video call.

If you would like to talk to the team at EC Credit Control in more detail about what we hear business owners are facing now or talk more about our complimentary Terms and Conditions of Trade review, please contact Natalie Wright, Communications Manager in the first instance, who will put you in touch with the right people for a chat.

To see more visit: https://www.eccreditcontrol.com.au/products-and-services/terms-trade-documentation/protecting-businesses-region-by-region/

WANT TO KNOW MORE ABOUT EC CREDIT CONTROL?

EC Credit Control is a full-service debt management agency that has helped over 80,000 business owners mitigate risk by implementing robust Terms and Conditions of Trade.

We work hard to improve businesses’ cash flow and provide a range of other solutions to help protect their bottom line, including debt resolution, credit reporting, PPS Services and Privacy Policies and contracts.

Each business is different, there is no one size fits all approach when it comes to protecting businesses, that’s why we have Business Support Specialists on hand to meet business owners in person or over video call and talk through what it is that makes them tick.

We are always available – talk to us today about what business protection you need.

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