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SMALL BUSINESS
CREDIT HEALTH CHECKUP
ASK YOURSELF THESE QUESTIONS
- Do you have a well-written Application for Credit form?
- Do you offer Customers incentives to pay early & penalties for late payment?
- Do you have enough details on your debtor/s to ensure debt recovery is actually feasible?
- Are you sure of exactly WHO you are giving credit to? An individual person, a company, a Director or just a trading name?
- Do you let some of your old accounts die of old age?
If you had difficulty in answering these questions, you may
need help!
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