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Advantages and disadvantages of selling through online marketplaces
Using an online marketplace for your business has many advantages, but it is also worthwhile to consider the disadvantages.
Checklist: applying for an internet merchant account
The requirements you will need to satisfy when applying to a bank for an internet merchant account.
How bankruptcy petitions work
How to issue a bankruptcy petition
Choosing the right legal route for your debt claim
Differences between the small claims track and the high court
Winding up and bankruptcy petitions
How to issue a petition to close the business or enforce a judgment if your customer does not pay you
Using solicitors and debt recovery agents
In certain cases when collecting money owed to you it may be sensible to seek professional help
Issuing your debt claim
The forms and evidence you will need to issue a claim for payment
What happens after your debt claim has been served
Court procedures after your claim has been issued, and what the defendant's and your options are
What happens if your debt claim is contested
The procedures if a defence is entered and the case proceeds to a court hearing or trial
Recovering interest on unpaid debts
The types of interest you can charge on unpaid debts and whether you are entitled to claim them back in court
Complaints against the Insolvency Service
How to complain about The Insolvency Service, who to complain to and what you should include in your complaint
Dealing with unresolved Insolvency Service complaints after the initial response
What to do if your complaint is unresolved and how to complain
Taking your case to the Ombudsman
What the Parliamentary Ombudsman is responsible for, what they can do, and how to contact them
How the Insolvency Service responds to complaints
Receiving written statements of apology, claiming back your costs or damages, and other types of complaint
How to complain about an insolvency practitioner
How to complain about an insolvency practitioner, who to complain to, and what you should include in your complaint
Banking overseas and UK-based foreign currency accounts
Pros and cons of opening an overseas bank account or a UK-based foreign currency account to hedge your risks
Buying currency options
The pros and cons of buying currency options and how it might help your business hedge foreign exchange risks
Foreign currency transactions and bookkeeping
How making and receiving payments in foreign currencies can affect your accounts
Deciding whether to take your debt claim to court
Alternatives to court action to recover payment from customers, and checking whether they can afford to pay you
Enforcement of civil court orders in Northern Ireland
How to seek a court order to recover debts if you win your claim and the customer still fails to pay.