If you’re starting a new business, you want to believe that all of your customers will pay their bills on time and in full. Unfortunately, that won’t always be the case. That’s why it’s necessary to set up policies and processes to get the money you’re owed so that...
Month: December 2022
When are payment plans right for past-due customers?
If you have the kind of business that doesn’t require full payment from your customer within a 30-day period from delivery of goods or services, you may find that offering a range of payment plans can help you bring in more customers. Even if you can’t do this for...
2 options for businesses affected by a debtor’s bankruptcy filing
There are numerous scenarios in which an individual might end up owing your business a significant amount of money. If you provide financing, whether your company offers credit cards or helps people purchase vehicles, the risk is always there for someone to fall...