Friday, 23 January 2009

Blogs From Fortune-Tellers

SmallbizPod criticised ACCA in its August 08 blog. Maybe they (ACCA and SmallbizPod) knew something we didn't know about 'cos we didn't have the foresight to call it a credit crunch way back then.

"As the credit crunch continues to bite, the Association of Chartered Certified Accountants (ACCA) has released a top ten list for small businesses facing late payment or debt recovery issues. A very simplistic list with the mandatory seek more advice from your accountant to conclude.

1. Decide whether it is worth a fight.
2. Consider your customer.
3. Assess why the customer has refused to pay..."

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