Credit control business takes on credit crunch

The current economic climate is proving to be an advantage for Croydon businesswoman Natasha Strachan, with a business that is clearly well placed to take on the vagaries of the recession.

With many years of commercial credit control and collection experience, Debtor Solutions helps small to medium-sized businesses (SMEs) avoid the problems of poor cash flow, poor credit management, bad debts and slow payers, so ensuring that these will not be a drain on business resources or threaten profitability.

Debtor Solutions understands how critical the timely collection of monies is to any business and how expensive and resource-intensive it can be, particularly for SME's, to employ and manage complete credit control functions in-house. By outsourcing this function to Natasha and her professional team clients can be assured of receiving a top-quality, cost-effective service that will improve their cash position almost immediately.

Says Natasha: "Right now everyone's business is just trying to survive and there is no doubt that cash flow is the lifeblood of a business. For those businesses that give credit on their goods and/or services, it is a necessity, and I believe vital, to have a credit controller in place to get money that is owed to you - especially in these current conditions.

"Don't wait until your business is chasing bad debt when my company can ensure you don't get to that stage in the first place by using our services at the point of billing. And we offer a 'no obligation' consultation to see how we can best support your business."

Born and bred in Croydon, Natasha soon discovered the wide range of business support available in her borough and no sooner had she started her business than she was on the phone to Croydon Enterprise. They enabled her to access a six-week programme of specilised workshops designed to help those who have recently started a business. The workshops covered all elements of running a business.

In addition, Natasha receives ongoing, individual support from her business mentor who assists her with every aspect of her operation.

"I always wanted to run my own business," says Natasha "and I knew there were terrific free resources within Croydon so I phoned the Business Support Hotline seeking sound knowledge on how to sell my product. I have not looked back since."

Like all astute business people, Natasha has a long-term goal in mind. While the majority of her client base is in the Croydon area, she is keen to expand nationally in the near future as credit control is a necessity for businesses everywhere.

Natasha's support from Croydon Enterprise forms part of Croydon's Economic Recovery Plan, which aims to help individuals and businesses survive the recession, with the new Croydon Economic Development Company (CEDC) leading on the activity. More information on the plan can be found here.

For information on the Croydon Enterprise programme contact the Business Support Hotline on 0208 680 6161 or visit www.croydonenterprise.com.