Credit Policy for businesses and how to extend credit and manage credit risk

Oprah recently did a series called "The Debt Diet", it has also been in the news everywhere!  Oprah's show targeted individuals who needed help with thier debt, but we need to remember that business owners may need a "Debt Diet" to be succesful as well!

What is a Debt Diet?

A Debt Diet is what you need when you are seriously ready to gain control of your finances and your life to be succesful.

Here's how to put yourself or your buisness on a Debt diet:

1. Calculate your total debt.
2. Stop Spending.
3. Repay any debts.
4. Create a monthly or weekly plan.
5. Priorotize debt.
6. Earn more money.
7. Make hard choices.
8. Supercharge your savings.

Oprah Debt Diet