by Zanette Phillips | Jan 31, 2017 | BizSkills News, Customer Credit Policy Course, Debtor's Ledger Management, Effective Debt Collection Strategies, Ledger Management Courses
A business owner cannot expect to successfully collect customer debt if they don’t control who they give credit to. I have compiled a list of common business inefficiency issues when providing customer credit. Inefficiency 1: Extending credit to anyone who walks in...
by Zanette Phillips | Jan 24, 2017 | BizSkills News, Debtor's Ledger Management, Effective Debt Collection Strategies, Ledger Management Courses, Phone Script Course, Skills Courses
You cannot expect to successfully collect customer debt, if you or your employees lack skills and training, or you are unaware of the proper procedures. I have listed of common office inefficiencies affecting the successful running of many small and even medium size...
by Zanette Phillips | Jan 17, 2017 | BizSkills News, Debtor's Ledger Management, Effective Debt Collection Strategies, Ledger Management Courses
There are many reasons why customers don’t pay – they can be disorganised, records not up to date, lose the invoices or bookkeeper comes once a month. Others do not control their cash flow and spend too much money or don’t collect their outstanding debtors. Some...
by Zanette Phillips | Jan 5, 2017 | BizSkills News, Customer Credit Policy Course, Debtor's Ledger Management, Effective Debt Collection Strategies, Ledger Management Courses, Single Policy Courses
These days the economy is making it more difficult to run a business and money is getting tighter. Many small businesses are struggling because they give credit to customers who do not pay their accounts. The reasons can be: ♦ Customers can forget to pay because...
by Zanette Phillips | Jan 3, 2017 | BizSkills News, Debtor's Ledger Management, Ledger Management Courses
There is nothing wrong with being ambitious if you have the money to build your business. But if your customers are not paying their accounts then your cash flow could be severely limited in what you can do. Consequently, your business will not have the awesomeness...
by Zanette Phillips | Oct 1, 2015 | BizSkills News, Debtor's Ledger Management, Effective Debt Collection Strategies, Ledger Management Courses
Currently one in four SME’s are wrestling with cash flow and poor receivables management and 15% are having to write off bad debts. Evidence that getting your customers to pay on time is a challenge many businesses are facing. Getting the customer payment...
