CHASE PAYMENTS AND RECOVER DEBT

For small business, debt recovery is a major issue. This is especially stressful when margins are tight. Understanding how to deal with late payments and debts is crucial to managing a company efficiently. In order to prevent late payment issues, you can take a number of steps. The first one being conducting background checks on …

Business Referral Agreement

When a business is collaborating with another business to provide referrals, it would be smart to outline the agreement with a Business Referral Agreement. This agreement delineate details including: How much?, When?,  and How the referrer will be paid? This type of agreement can help support the development of your business. For more information on Hong Kong …

LATE PAYMENT LETTERS

Sending late payment letters is a useful way to chase overdue invoices. Sending this type of letter should prompt the customer to pay the overdue amount. If the debt remains outstanding, you should send a second payment reminder letter at a time you deem reasonable, taking into account the number of days you have given the client to …

CONSIGNMENT AGREEMENT

If the supplier of a good wishes to retain ownership of the said good when it is being sold by another party, a Consignment Agreement is necessary. This document is specially created for the instance when a consigner (person or a business) entrusts goods to a middleman for the purpose of selling goods to an end customer. In this arrangement, the consigner …

Business of Intellectual Property Asia Forum

The Business of Intellectual Property Asia Forum (BIP Asia) The Business of Intellectual Property Asia Forum (BIP Asia) will be held from the 7th of December to the 8th of December. Further, it will be at the Hong Kong Convention and Exhibition Centre. Also, it is the seventh edition of this of the Forum. This …