The BPPG's latest research shows that 44% of smaller businesses are offering credit to new customers without carrying out any checks to establish their creditworthiness first.

The BPPG, which includes the FPB as a member, recommends that companies incorporate credit vetting procedures into their standard credit management practices.

Securing prompt payment of sums owed to your business is central to achieving a healthy cash flow. Sound advice on the effective management of credit is contained in the FPB's Credit Control Guide, which FPB members have long recognised as an indispensable tool for maintaining a healthy cash flow.

The Guide helps you to:

• Check current practice
• Improve collection of debts
• Implement procedures for controlling commercial credit
• Discover how to combat late payment
• Improve cash flow by collecting debts faster

Click here to find out more about the FPB's Credit Control Guide.

For further information or to order your copy today, call the FPB's member helpline on 0845 130 1722 or email us at guides@fpb.org