In today's tough economy, it is really difficult for companies to collect their debt. Most of the customers are unable to pay back their debts on time due to financial crises. There are few others who are not willing to pay back their debt. The main reason why companies cannot follow up with such debtors is that they do not have adequate resources to devote for tracking down … [Read more...]
5 Clues That Your Customer Is Not Going To Pay You
There isn’t a business out there that is immune to slow payers or non-paying customers, but what can you do to prevent this from happening? Keeping an eye on your customers’ accounts is an important part of preventing bad debt or payment problems. I would like to share some “red flags” with you that can help you identify when a customer is having financial problems or is just … [Read more...]