Boston Commercial Services Pty Ltd (ABN 87 114 658 070) CAPI Licence Number 409 456 759

You are here: Home / News
Boston Commercial Services can help put a stop to outstanding debt before it's too late.

Key Features of a Reliable Debt Collection Agency

Operating a business in Australia is an exciting venture. Serving your clients with top quality products or services can be very rewarding. However, the sustainability of business depends on maintaining positive cash flow. It is important for the health of your business that your clients pay you on time.

The not so pleasant side of business is following up unpaid accounts, it is time-consuming and often discouraging. It can also take your attention away from your core business. This is why many companies contract debt collection agencies in Sydney. A reliable debt collection agency can restore your peace of mind and …

Chasing Slow Payers? 7 Bulletproof Ways to Get Paid Faster

Many small business owners deal with the frustrating but inevitable challenge of doing business with customers who won’t pay. As disheartening as it can be, it is sometimes a disappointing reality of doing business.

Fortunately, there are professional firms like Boston Commercial Services that specialise in debt recovery service and can help owners get back the money they are owed. However, there are also several things you can do to try and collect debts before engaging a professional firm.

In this article, we will outline seven bulletproof ways that you can get paid faster and keep your business running smoothly. Read these …

What Are the Biggest Struggles for Small Business Owners?

Starting your own business is an exciting — but challenging — endeavour. Following your passion and making a living from it takes courage, tenacity and hard work, with an expectation of experiencing some difficulties along the way.

As your company grows, you’ll face common challenges experienced by many other small business owners. Some of these struggles include maintaining positive cash flow, hiring the right team and growing your customer base.

In this article, we’ll share four of the biggest hurdles faced by small business owners. Read along and learn how you can overcome these struggles as your company grows.
Acquiring New Customers
Building a …

Get Back in Control of Your Business

As a business owner, you have many essential obligations to keep your company operating from day to day. From hiring good employees to building a marketing strategy to managing your finances, there’s no shortage of responsibilities.

While all these duties are important in their own right, perhaps the most critical is making sure that your finances are properly sorted. Without enough positive cash flow, you won’t be able to pay employees, order inventory, or even keep the lights on.

Unfortunately, one of the most frustrating things that can happen as a business owner is when you deliver a product or service to …

A Professional Approach to Debt Collection

When people or businesses owe you money, the debt collection process can often be tense or awkward, especially if you’re managing it yourself without professional assistance. You want to keep your working relationships intact, but it’s also essential to collect your outstanding debt to keep your business running.

The best way to handle the debt recovery process is to engage a professional debt collection agency. Not only are these agencies experts in collecting your unpaid debt, but they can also provide in-house legal services to make sure the entire process is completed properly.

If you require debt recovery …

Practical Debt Recovery Tips

Aussie businesses, particularly SMEs, are increasingly failing due to unpaid invoices and debt. Therefore, having a professional, decisive, and prompt debt recovery system is necessary to keep your company financially healthy.

Outstanding invoices, slow-paying clients, and other business debts can have significant adverse effects on your company, like bankruptcy and liquidation. However, when you understand and implement a sound debt collection process, then you can easily navigate this issue and recover outstanding debt.

Below are some practical tips to enhance your debt collection efforts.
Set Clear Payment Terms
You must emphasize early on about your expectations and have all parties sign a contract. …

Cash flow management: 5 tips to get your money back

As a business owner, you should be prepared to deal with clients who have outstanding debts. In the present scenario, a large number of business owners are experiencing cash flow problems and according to statistics, if the debt is overdue by a year, then the chances of it being paid is only 24% whereas, if the debt is overdue by only a month, then the chances of it getting paid increases by 93.8%.

Businesses require a sufficient debt collection recovery process for collecting debts quickly and effectively and improving cash flow management.

In this post, we will provide five useful tips …

5 ways you can avoid bad debt

The debt recovery process can be the most frustrating aspect of running a business. It is maddening that you provide your service or product to a business organisation and not get paid. This happens too often in the B2B sector because the vendor didn’t implement some simple procedures. With just a few adjustments to the way you handle your accounts and invoicing, you can avoid bad debt, increase cash flow, and progress in your business venture.

Here are the top five ways you can avoid bad debt.

 
1 Tighter Debt Control
It is your first line of defense against managing debt and …

All You Need To Know About Garnishee Orders

One of the most challenging parts of a business is dealing with debt. Whether it is money you owe or are owed, many people prefer to avoid the topic of debt. Nevertheless, if you plan to keep your business afloat, you need to be familiar with all the debt recovery options available to you. One of the most effective methods of debt recovery, Australia is the use of Garnishee Orders.

 
What is a Garnishee Order?
A garnishee order is a legal avenue pursued by a creditor who has exhausted all other credible methods of recovering a debt. Garnishees orders bypass the debtor …

Tips For Dealing with Clients Who Won’t Pay

Getting paid for the service, you have completed, or products sold can sometimes be a daunting task. To completely avoid this kind of situation in your business, you would have to ask for payment upfront or before you execute the service. Be that as it may, there are some ways you can handle a client that won’t pay.

The following tips will help you in your efforts towards getting payment from your clients.

 

Send a Reminder

Sometimes, clients may honestly forget to make a payment. Give them the benefit of the doubt; maybe they don’t remember they owe you money or they …

Get In Touch

Get an obligation free assessment now


Categories

Get in touch with us

Talk to our experts in Debt Recovery, Legal Services and Finance Solutions

  • I have worked closely with Boston Commercial Services for over twenty years across four different companies and would not work with anyone else in regards to helping me with my outstanding accounts. Whenever I have started a new role, the first thing I am asked is, “How would you go about cleaning up our accounts receivable ledger?” My answer is always the same – “The first thing we need to do is call Boston Commercial Services”.

    Voytek Bradford

    Freedom Foods Group Limited (National Credit Manager)

  • I have known the principal of the BOSTON Group (Derryn HARRISON) as well as key staff members (including Ben GOWER) for well over 2 decades and have been using their professional services for myself as well as for Powerhouse Logistics Pty. Ltd. on a regular basis, not only in Sydney but on a national basis.

    At all times BOSTON have been extremely pro-active, attentive, courteous and professional with all matters we threw at them. Their advice has always been extremely sound and commercial and I find them to be a "breath of fresh air" within the legal fraternity and have no hesitation whatsoever to highly recommend them.

    Peter Brueckner

    Powerhouse Logistics Pty Ltd (CEO)

  • Expect A Star has worked with The Boston Group for 10 years. In this time we have appreciated the ongoing support of Boston for all of our collection and legal requirements. Like most businesses cashflow is critical to ongoing success and growth, with Boston we have found a partner who are an extension of our business and play a key part in our cashflow management. The Boston Group bring a level of expertise to our business which is valuable and coupled with their excellent customer service we look forward to continuing to work with them for many years to come.

    Ryan Meldrum

    Former CEO

  • I have been using the services of The Boston Group and their legal entity for over 11 years. During this time I have found their service to be impeccable, delivered with the utmost professionalism and integrity. The vast majority of cases that I have placed with Boston were far from straightforward, requiring legal acumen and delicate handling. Having used all methods available without success to procure payment, I confidently placed these matters into their safe hands. In all instances a successful outcome was achieved.

    Mark Parish

    Credit Manager

  • SNP Security has had the pleasure of working with Boston Commercial Services for the past 11 years. Boston has played an integral part in the continuing success of SNP Security’s low DSO’s, 90 Day % Debt & of course Bad Debts Written Off.

    Amanda Griffiths

    National Administration Manager

Boston Commercial Services prides itself in offering specialised, professional services, through a highly experienced team of debt collector, with personalised client attention.