Payment Really Matters

Thursday, 5 November 2009

During 2008, 1504 Queensland companies hit the wall, falling into external administration.  Another 1372 have entered external administration in 2009 up to the end of September.

It can be hard to lose one month's payment when a creditor fails, but it will be devastating when you have allowed the debt to build up over months, either through late payment or short payment.  The risk is even greater if you have multiple late payers.

You can protect your cash flow by using the provisions of the Queensland Payment's Act.  it is just not worth the risk to you and your families to allow unarranged credit to get out of control.

Talk to us about how to protect your business under the BCIPA.  Call 07 5568 1505  or email info @aiqsana.com.au