Confidence is high in the child care sector as evidenced by Burgess Rawson with almost $20 million worth of childcare centres sold within the first few months of 2017. During that time a number of centres in Melbourne and Sydney were put on the block across two days of auctions and all were immediately sold.
In the course of running a small business, it is not unusual for your account customers to fall behind in the payment of their account. As with most businesses, the first thing you do is contact the debtor to remind them that they are late paying their account. Sometimes your customer has genuinely forgotten and the ‘reminder’ is appreciated.