by Zanette Phillips | Apr 12, 2017 | BizSkills News, Debtor's Ledger Management, Effective Debt Collection Strategies, Ledger Management Courses
Take a proactive approach when giving your customers credit The longer an invoice is outstanding the harder it is to collect and there is no point in making a sale if you don’t get paid for it. So you need to reduce risk Reduce Risk of Customers Avoiding Payment 1. ...
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 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...
