I was recently helping a client near Wollongong who owns a Holiday Park organise the start of debt recovery for debtors that had left without paying their account.
Whilst filling the paperwork out, they asked if we could draw up Terms of Trade for their business. With help from my senior Manager, we sat down and discussed what were the problems created by the customers that had leave without paying.
We drafted up Terms of Trade for their business, with clauses in place directed at preventing the common problems they had encountered. Now they are instigating the new checking procedures to help ensure their business is protected moving forward into the future.