Credit Policy for businesses and how to extend credit and manage credit risk |
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Aug18
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 Identifying bad debt is like identifying a "skip" many of the same red flags will be flying. Accounts that are carried on the books because of this end up being ignored and the bad debt is then not recoverable or very hard to recover. Identify your bad debt early on and take action immediately, you have nothing to lose! You have whatever is owed to you to lose if you just let it sit there. |
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