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Improving cash flow – five top tips for your business

All businesses rely on cash flow to survive. At Lovetts Solicitors we specialise in helping businesses recover debts. Here are our five Top Tips on enhancing recovery.

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Lovetts Solicitors appoints Cassandra McCarthy to Board of Directors

Lovetts Solicitors has appointed Solicitor and Head of Litigation, Cassandra McCarthy, to the Firm’s Board of Directors. The move comes as part of a wider company expansion into new areas of litigation and dispute resolution.

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Lovetts Solicitors featured in Evening Standard

Lovetts Solicitors has this week been featured in the Evening Standard newspaper, in a special supplement looking at Financial Services. In an article examining how businesses can better optimise their cash flow Lovetts Managing Director, Michael Higgins, provides his 'Top 5 Tips' on avoiding bad debts. 

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Advantages to a Solicitors Letter over other debt collection practices

Collecting debts can prove to be a tricky task. Many of our clients voice concerns about the difficulties of chasing a debt, without chasing away their clients. Indeed, debt collection practices have come under increased scrutiny in recent years, with many people expressing a negative opinion towards unorthodox debt recovery methods. Here, we look at why a debt recovery letter from a solicitor may be more beneficial to you than a letter from a debt collection agency.

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How late payment affects the cash-flow of your business

As most business owners and CFOs know, cash flow is the life blood of a business. Without cash flow a business will cease to exist. It is therefore important for all businesses, large and small, to manage their cash-flow effectively. One common threat to cash flow that many credit controllers will recognize is late payments, which can do significant harm to a business. Here, we look at why cash flow is important and how cutting down on late payments can help improve things.

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