by admin | Jun 20, 2018 | Business Planning, Creditors Rights
Setting Up A Credit Policy Be Organized It is referred to as Receivables Management since it has to be managed. The point before referred to consistency, now we are referring to a standardized process. If you are granting credit, ALL clients need to follow the same...
by admin | Jun 11, 2018 | Creditors Rights, Debt Collection
Be Consistent in your commercial credit policy When creating your credit policy, establish a process, put it in writing, and stick to it. All clients applying for credit should go through the process and there should be a procedure for assessing their account....
by admin | Jun 5, 2018 | Business Planning, Creditors Rights
Setting Up A Credit Policy Put Your Credit Policy In Writing When you put your credit policy in writing make sure that is clear and concise as this can help you to get paid as well as to stay in business. Due to today’s litigious society, it is virtually impossible...
by admin | May 16, 2018 | Creditors Rights, Debt Collection
Setting Up a Credit Policy Have a credit policy from the start Prior to extending credit to your customers, be sure that they fully understand the terms and conditions of the credit policy ahead of time so that there no surprises. Once both parties are fully aware of...
Recent Comments