Member Spotlight
OzKidsActivities is an online directory for kids activities, classes, entertainment, events and birthday party venues. Read more
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What say you?
Do you take on friends/family as customers?
62% - Sure! The more the merrier.
28% - Sometimes, but tread with caution
8% - No, best to avoid wherever possible
Profile | Colin Porter
Colin Porter
CreditorWatch is an online community of thousands of Australian businesses who share information about bad debtors in order to make better credit decisions.
CreditorWatch allows you to report bad debtors and to receive alerts when the businesses you deal with (or are planning to deal with) are reported by CreditorWatch members. You will be able to view the default history registered against the businesses you deal with, as well as getting access to a credit report on any business in Australia.
As a member you will also be licensed to place the CreditorWatch logo on your invoices - promoting your participation in the CreditorWatch program to your clients to encourage them to pay on time.
"Live for today, plan for tomorrow and remember yesterday" - Jeremy McKenzie
Articles by Colin
Creating a credit policy
27 Jan 12Colin PorterEvery time you provide goods or services before you receive payment, you’re extending credit to another party. Having a credit policy in place will help make sure you get paid. Read more
Comments: 0When customers don’t pay: going to court
07 Dec 11Colin PorterWhen all other strategies fail to get a debtor to pay up, you may need to take the dispute to court. Here’s what you need to know about going to court. Read more
Comments: 3When customers don’t pay: issuing a letter of demand
02 Nov 11Colin PorterIssuing a letter of demand is the first step in initiating legal action when a customer hasn’t paid, and can sometimes motivate them to open their wallets. Read more
Comments: 2When customers don't pay: alternative dispute resolution
30 Sep 11Colin PorterDon't throw your hands up in frustration when your debtors don't pay. Take action. One option available is alternative dispute resolution. Read more
Comments: 11Are your credit terms enforceable?
01 Sep 11Colin PorterThe issue of getting paid has always been troublesome for micro businesses. Here's a checklist to help you develop your credit terms. Read more
Comments: 3Improve cash flow cycle by retraining your debtors
30 Jun 11Colin PorterA good cash flow cycle is one in which the period between paying your expenses and getting paid by your debtors is as short as possible. Here are some strategies to tighten yours up. Read more
Comments: 1Join the community! It’s free.
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