Businesses that extend goods and services on credit can significantly benefit from increased credit sales, provided that payments are received promptly. However, many businesses struggle with cash flow challenges, often exacerbated by bloated accounts receivable assets.
This book offers practical guidelines for ensuring timely payments, both before initiating a business relationship and throughout its duration. It is designed for individuals and organizations seeking a deeper understanding of credit management and debt recovery. The content is suitable for:
- Individuals: Those who want to enhance their knowledge of credit management principles and strategies.
- Small Enterprises: Small business owners and managers aiming to improve their credit control practices and cash flow.
- Corporate Entities: Large organizations seeking advanced techniques for managing credit sales and optimizing debt recovery processes.
By providing actionable insights and practical solutions, this book aims to help businesses effectively manage their credit sales and improve their cash flow.
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