In the Liverpool and Campbelltown areas I am currently working alongside a number of well-respected accountants to support and protect their small business clients by implementing good credit management processes into their businesses. During a meeting last week with David, an Accountant from Liverpool, we were discussing the advantages of Terms and Conditions of Trade and the PPS Register (PPSR) for many of his clients. David was amazed at the power and protection a correct set of Terms and Conditions can give to a small business for example he was unaware the PPSR can be used to make a business a secured creditor, which can be of major benefit in a liquidation scenario. Since our meeting, David has decided to refer a number of his key commercial clients to me. By doing so it means their all-important cash flow is significantly protected through the implementation of customised Terms and Conditions of Trade, something accountants like David dream about.
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