Avoiding Bad Debts Part 2: Clearly Mark the Due Date. A Lannister always pays their debts.” – Game of Thrones One of the most famous mantras in the popular television series ” Game of Thrones” is, “A Lannister always pays their debts”. Even the ‘bad guys’...
Avoiding Bad Debts Part 1: Developing a Payment Policy. How many times have customers come to you, received quality service and products, then left without paying a penny? You expect them to pay you on terms within maybe 15, 30, 45, or even 60 days? It’s whenever you...
There are few things more aggravating than giving someone credit and who now refuses to pay you back. If you’ve been placed in this uncomfortable position before you are all too familiar with the financial setback and uncertainty it creates, the effect of pinched cash...
