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 | 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...
by admin | Feb 16, 2018 | Creditors Rights, Debt Collection
When you’re a business owner, you are no doubt closely attuned to the need for multiple payment options for customers that you work with. Without an appropriate method of recordkeeping, “unsettled debt” turns from a myth into a reality. That big...
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