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Setting suitable payment terms for your customers
Payment terms are crucial to your cashflow and competitive position and should be explained clearly to customers.
VAT details to include on invoices
VAT-registered businesses must include extra information on invoices, such as identifying numbers and VAT paid.
Information that invoices must contain
A valid invoice must contain certain information which may include VAT number, company name, business name and address.
Insure against common business risks
Risks most businesses need to consider insuring against - from fire, theft and equipment failure to unpaid bills and cyber attacks.
Protect your staff with insurance
Insurance to protect you and your staff - key person, critical illness, income protection, private health cover.
Reduce your business insurance risks and premiums
How to pay less for insurance by managing risk - perhaps by improving your health and safety performance.
What insurance does my business need?
Learn about the different types of insurance and how to get help from an insurance broker.
What types of business insurance are legally required?
Information on the types of cover you must have by law - typically employers' liability and motor insurance.
Liability and professional indemnity cover
Insurance against legal claims for damages - public and product liability and professional indemnity cover.
Business insurance when working from home
How working from home could affect your cover - perhaps requiring an increased premium or changes to your property.
Business insurance losses and claims
The information you should provide when making a claim and the role of the loss adjuster.
Checklist: buying insurance for your business
Key stages when choosing and buying insurance.
Who deals with bankruptcy and company liquidation claims?
The role of the official receiver, insolvency practitioner, trustee and liquidator, and relevant costs and fees
Making a bankruptcy or company liquidation claim
Submitting a proof of debt form for your claim
Creditors' meetings and creditors'/liquidation committees
Procedures for calling a meeting of creditors and for appointing a creditors' committee or liquidation committee
Conduct and voting at creditors' meetings
What happens at a first meeting of creditors, how an insolvency practitioner is appointed and the rules on voting
Completion of bankruptcy and company liquidation cases
How the official receiver or insolvency practitioner is released from the case and your right to object
Order of priority for repayment of creditors
The strict order of priority in which creditors are repaid
Ensuring you are registered as a creditor
How to find contact details for the official receiver or insolvency practitioner dealing with your debtor's case
What is a statutory demand
What a statutory demand is and how long it can last