Turn Bad Debts Into Better Decisions

Non-paying debtors are one of the most common reasons small businesses struggle with cash flow, yet they are often ignored until the situation becomes critical. This article shows how a Chartered Business Accountant in Practice can move beyond simply recording overdue balances and instead help clients assess recoverability, apply the correct accounting treatment, manage tax risk, and strengthen credit control processes. When handled properly, bad debts become an opportunity to protect cash flow, improve financial discipline, and support better business decisions before a crisis arises.