Explore our Bad Debt Protection category for insights and strategies to safeguard your business against unpaid debts. Learn how to minimise risks and protect your profits.
For many businesses, having a key client that provides a significant portion of revenue can be a double-edged sword. While these customers can drive growth and stability, they also pose a substantial risk—especially if they suddenly go bankrupt. If your largest client collapses, the impact on your business can be immediate and severe, potentially leading […]
What Happens If Your Biggest Customer Goes Bankrupt? Read More »
Cash flow is the lifeblood of any business. Even profitable businesses can struggle if they don’t manage their cash flow effectively. Ensuring money flows in and out of your business smoothly is key to paying suppliers, covering operational costs, and planning for growth. At Debtor Protect, we specialise in helping businesses protect their cash flow
How Small Businesses Can Reduce the Risk of Bad Debt Managing cash flow is one of the biggest challenges for small businesses, and bad debt can put serious strain on your finances. When customers delay or fail to pay, it impacts your ability to cover expenses, pay suppliers, and invest in growth. At Debtor Protect,
At Debtor Protect, we go beyond simply offering credit insurance—we ensure that when you need it most, your claims are processed quickly and efficiently. In today’s economic climate, where insolvencies are at record highs, having a policy with a proactive broker and a responsive insurer makes all the difference. The Rising Risk of Insolvencies According
Why Fast Claims Processing Matters in Trade Credit Insurance Read More »
As we welcome 2025, many business owners are reflecting on the past year and setting goals for the future. While common New Year’s resolutions often focus on personal growth, like improving health or saving money, this year, why not prioritise your business’s financial wellbeing? Making debt protection your New Year’s resolution could be the smartest
Make Debt Protection Your New Year’s Resolution for 2025 Read More »
The summer holiday period can be a double-edged sword for Australian businesses. While it’s a time of rest for many, it often brings significant cash flow challenges due to reduced operations and delayed payments. For SMEs, contractors, and suppliers, this period can also amplify the risk of bad debts. At Debtor Protect, we understand these
Impact of Holiday Shutdown on Business Cash Flow Read More »
Businesses in all sectors usually find cash flow the hardest to manage around Christmas and the New Year. Historically this has meant that there is a sharp spike in insolvencies and bad debts in January and February. How can your clients best protect themselves? Getting paid over Christmas and the New Year is harder than
A recent article discussing Australia’s two-speed economy highlights the stark contrast between booming large corporations and struggling small businesses. While the ASX continues to signal growth and recovery for big companies, many SMEs face rising costs, longer payment times, and increasing insolvencies. At Debtor Protect, we’ve observed these trends firsthand, and our client surveys reveal
Australia’s Two-Speed Economy: What It Means for Small Businesses Read More »
Running a small business comes with its fair share of challenges, and one of the most significant issues many business owners face is getting paid on time. Late payments can cause severe cash flow problems, disrupting your ability to pay suppliers, cover expenses, and even make payroll. If late payments are a recurring issue
5 Strategies to Ensure Your Small Business Customers Pay You on Time Read More »
In the recent article here on the challenges facing small Australian businesses, it highlights the growing insolvency rates and the “unfair playing field” where large businesses thrive while SMEs struggle. At Debtor Protect, we often encounter these concerns firsthand as credit insurance brokers, and we believe there are critical steps that small businesses can take
Debtor Protect Pty Ltd is a Corporate Authorised Representative of Insurance Advisernet Australia Pty Ltd. AFSL No. 240549 Corporate Authorised Representative No. 1261654. Visit the Insurance Advisernet website.
