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๐Ÿ“… Why the New Yearโ€™s Fresh Start Begins in December ...with credit control outsourcing ๐Ÿ“…

Dec 17, 2024

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Why the New Yearโ€™s Fresh Start Begins in December


As December rolls in, many business owners are tempted to โ€œwait until Januaryโ€ to address important processes and improvements. The idea of a fresh start in the new year is appealingโ€”new goals, new strategies, and renewed focus. But the truth is, setting yourself up for success in January begins with the groundwork you lay in December.


This is especially true when it comes to managing your cash flow and credit control processes. At Debtorly, weโ€™ve seen how proactive planning in December can make all the difference for small businesses entering the new year. Hereโ€™s why starting now is key to a successful 2024:


1. End-of-Year Credit Control Reflection Sets the Tone for January


December is the perfect time to review your year. What worked well in your credit control processes? Where did bottlenecks appear? Reflecting now allows you to identify inefficiencies and set clear, actionable goals for improvement.

Waiting until January to assess your systems delays the momentum you need to hit the ground running. Use December to spot gaps in your processes and consider whether outsourcing might help you address them effectively.


2. Get Ahead of the January Credit Control Surge


January often brings a wave of invoices, overdue payments, and new customer accounts. Without a clear strategy in place, itโ€™s easy for credit control to spiral out of control.

By planning in December, youโ€™ll have the time to streamline your credit control processes, ensure your records are up-to-date, and set clear expectations with your team (or with us, if you decide to outsource). This proactive approach ensures youโ€™re prepared for the January rush rather than scrambling to catch up.



The image shows a lady with short blond hair and glasses writing on a piece of paper her to do list, suggestive of her getting her ahead of January. She's sat at her desk, in front of her computer.
Starting to think about the New Year in December, will give many businesses a head start.

3. Build Customer Relationships Before Year-End With A Dedicated Credit Control Outsourcing Team


The festive season is an excellent opportunity to connect with your customers and clients. A friendly reminder about outstanding invoices or upcoming payment deadlines is often received more positively in December than in the busyness of January.

Reaching out now gives you the chance to settle accounts amicably and strengthen relationships, ensuring you start the new year with a clean slate and positive rapport.



The image shows two people shaking hands in agreement.
Building relationships with debtors is a critical way of ensuring your business stays at the top of each payment run.



















4. Start 2024 with Confidence, Not Chaos


January should be about moving forwardโ€”not catching up. Businesses that neglect credit control in December often find themselves chasing overdue payments or scrambling to set up systems while juggling new demands.


By addressing potential issues now, youโ€™re positioning yourself for a smoother and more productive start to the year. Whether itโ€™s implementing better invoicing systems, setting up automated reminders, or partnering with a trusted credit control team like Debtorly, the steps you take this month can help you avoid stress and focus on growth.


Your Fresh Start Awaits


The new year brings the promise of a fresh start, but that promise doesnโ€™t happen on its own. By thinking ahead and investing in your credit control processes now, youโ€™re giving yourself the tools to thrive in 2024.


At Debtorly, we specialize in helping small businesses like yours create robust, efficient credit control systems tailored to your needs. If youโ€™re ready to start the year strong, letโ€™s talk about how we can support you.



The image has the Debtorly logo, on a navy background with the caption - paid on time, every time.
Debtorly specialise in UK based outsourced credit control.


Visit Debtorly.co.ukย to learn more about managing your credit control. Letโ€™s make 2024 your most successful year yet!



Dec 17, 2024

3 min read

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