Tags: bad debts, Bailiffs’ Office, Claims, Entrepreneur, Singapore Subordinate Court, Small Claims TribunalsIf you intend to recover your bad debts through the Small Claims Tribunals, do proceed early as it may take longer than expected to recover your bad debts.
The claims must fulfil these criterias before you can file at the Small Claims Tribunals:
Tags: anger, anger management, angry, constructive emotion, good decision makingIs anger an emotion that we should suppress or avoid altogether and is it really that bad an emotion?
No, it is not! It is merely a misunderstood emotion.
With all the anger management courses and damages done when people get angry, it’s no wonder that anger is viewed as a bad emotion to have.
I can be real fiery when I am angry and have been
Recently, I feel that I have been and am in a few business battles. Maybe it’s the last debt collection episode, maybe it’s behaviors of some competitors.
It certainly can get draining and even discouraging at times being a small business owner. In the course of over about a year. I’ve met many new business owners too and most times, it’s everyone for themselves.
Of course, we do have very
When you discipline yourself to do the things you need to do when you need to do them, the day will come when you can do the things you want to do when you want to do them.
I believe in that above saying though I haven’t master it. To be an entrepreneur, you must be disciplined to do the things you have to do each and
I must admit, I am not a natural salesperson. When I had my first sales job in Espirit @ Crown Prince Hotel several years back, I resigned after a week vowing never to be a retail salesperson again.
And needless to say, I don’t enjoy sales call too. It should be the fear of rejection that is holding me back and seeing it as a dread whenever I have
Tags: bad debts, cash flow problems, Debt Collection, legal action, SMEsDid you know that from a survey done in UK, 47% of SMEs have no provision in place for bad debts or unpaid invoices? 34% will rely on legal action should they find themselves in such a situation, 27% would use their bank overdraft facility and 15% even plan to cover their shortfall with their own savings!
Unfortunately, even with good working relationship with suppliers and customers
Tags: bad debts, creditor, Debt Collection, debtor, Entrepreneur, SMEs business, warning signs of bad debts Tags: ACRA Bizfile, bad debt, Bankruptcy, Debt Collection, debt collector, Insolvency & Public Office Trustee, small claims tribunalACRA Bizfile - to purchase company’s & people’s profile
Yeah, finally! I just checked my account online and it’s good news! Although it’s not the full amount (it’s the full 2009 amount), it is already about 75% of the debt! The debt collector will be chasing them again now that this first cheque has just cleared.
I feel so happy about this. It’s no longer about the money but more of showing my debtor that I will not
Tags: bad debt, Debt Collection, symptoms of bad debts, warning signs of bad debtsFirst few signs of impending bad debts:
