University asks Federal Management for Help with Course for Business Students
UK’s largest University asks Federal Management for help with Business Course content
The Open University recently reached out to Federal Management to request aid with a brand new course that they have created for people that wish to open a new business. The Open University is the UK’s largest University in terms of number of students.
As with any business, new start-ups face their fair share of non-paying clients. As such, many are unsure of what to do when this situation arises.
The issue of debt and non-payments can cripple a new company before it has had a chance to get off the ground. With this in mind, it is essential that new business owners know what to do when dealing with a debtor.
The Open University is one of the UK’s most valued education establishments. They help over 2 million students achieve their potential, and have supported distance learning for over 50 years.
The new course, titled “A Freelance Career in the Creative Arts”, covers every aspect of running a small business, so that those people setting out in this competitive field can grow their company.
Freelancers not being paid for their services is a well documented problem within the UK. Taking action to recover what you are owed as a Freelancer can be a daunting situation. Whilst there are thousands of courses that tell you how to create or start a business and attract new customers. There is usually very little content on dealing with the problem of a customer not paying.
Federal Management is widely regarded as the UK’s leading commercial debt collection agency. As such, it was only natural that the university reached out to them for their help with this important subject.
Federal Management contributed an original video created in-house that helps students understand what can be done if a client ever withholds a payment.
The course is now live on the Open University’s website and is already receiving a lot of interest.
Ross Hooton, Marketing Manager at Federal Management commented:
“We were more than happy to help the Open University however we could with this venture. New business owners already have a very challenging list of responsibilities, and having clients that do not pay can lead to serious issues. Thanks to this course, the owners of these new businesses will be prepared for this problem when it does occur.”
Ross went on to say:
“We are very committed to supporting new businesses throughout the UK and even further afield. When we were contacted by the Open University, we were very happy to be able to support these new businesses right at their inception. The issue of debt is a serious one, and we would all be extremely proud if our contribution to this course helped students in the future.”.