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Early Payment Discounts?  Why it is Not the Best Solution.

Early Payment Discounts? Why it is Not the Best Solution.

by Zanette Phillips | Apr 26, 2017 | BizSkills News, Debtor's Ledger Management, Effective Debt Collection Strategies, Ledger Management Courses, Phone Script Course

Delays in payments can create cash flow problems Small business owners give credit to make sales and provide 30-day terms but often the customer will take more time and possibly not pay at all.   These delays in payment can create cash flow problems for businesses...
Office Inefficiency When Giving Customers Credit

Office Inefficiency When Giving Customers Credit

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...

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