Some of them aren't doing too well and are struggling for cash, but, gee, so are you. In the time they take to pay they could have paid off a little each week and the debt would be gone.

You know others have the money but it takes them six months of sending them copy after copy of invoices, letters and telephone calls before they open their purse…

And often the worst are Government Departments and large businesses. You don’t want to lose sales to these customers but your cash-flow is hurting and you dropped your price to get the contract as well.

Is there any way to stop it?

Perhaps not completely, but there are ways to control the problem. Owners should have a clearly defined Rules of Credit which is known to staff and customers…and they should apply them consistently.

Many owners started off with some rules but over the years they have become lax at applying them. Customers and staff have become so used to breaking them that it’s as though there are no rules at all.

The minimum rules are:

• Credit check for all new clients
• Credit limit for all clients
• Terms of payment 7 days, 30 days etc. Customers will have to negotiate a longer period.
• Procedure for letters 1, 2 and 3.
• Procedure for phone calls after letters.
• Cash Sales only after limit is reached or deviation from payment policy.
• Procedure for debt collection.
  
  It doesn’t matter what the rules are, as long as your custom
  Temporary Office Space
  Temporary office space is usually the property rented out or leased out by companies who don?t want to use the location for more than a year or so. Until a more permanent location can be found, temporary office spaces are used for all practical purpos
  know others have the money but it takes them six months of sending them copy after copy of invoices, letters and telephone calls before they open their purse…

  And often the worst are Government Departments and large businesses. You don’t want to lose sales to these customers but your cash-flow is hurting and you dropped your price to get the contract as well.

  Is there any way to stop it?

  Perhaps not completely, but there are ways to control the problem. Owners should have a clearly defined Rules of Credit which is known to staff and customers…and they should apply them consistently.

  Many owners started off with some rules but over the years they have become lax at applying them. Customers and staff have become so used to breaking them that it’s as though there are no rules at all.

  The minimum rules are:

  • Credit check for all new clients
  • Credit limit for all clients
  • Terms of payment 7 days, 30 days etc. Customers will have to negotiate a longer period.
  • Procedure for letters 1, 2 and 3.
  • Procedure for phone calls after letters.
  • Cash Sales only after limit is reached or deviation from payment policy.
  • Procedure for debt collection.
    
    It doesn’t matter what the rules are, as long as your custom
    Purchasing Freight Transportation
    The landscape of purchasing freight transportation has changed dramatically. Have your supply chain processes kept pace maximizing service and minimizing costs? Key elements of change have been capacity, technology and leverage.Capacity – Oth
    dropped your price to get the contract as well.

    Is there any way to stop it?

    Perhaps not completely, but there are ways to control the problem. Owners should have a clearly defined Rules of Credit which is known to staff and customers…and they should apply them consistently.

    Many owners started off with some rules but over the years they have become lax at applying them. Customers and staff have become so used to breaking them that it’s as though there are no rules at all.

    The minimum rules are:

    • Credit check for all new clients
    • Credit limit for all clients
    • Terms of payment 7 days, 30 days etc. Customers will have to negotiate a longer period.
    • Procedure for letters 1, 2 and 3.
    • Procedure for phone calls after letters.
    • Cash Sales only after limit is reached or deviation from payment policy.
    • Procedure for debt collection.
      
      It doesn’t matter what the rules are, as long as your custom
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      There are many would-be entrepreneurs who never start their own business because of the risks involved. With any business start-up there is a risk of failure; choosing a well designed franchise business greatly reduces that risk. The best franchise bu
      with some rules but over the years they have become lax at applying them. Customers and staff have become so used to breaking them that it’s as though there are no rules at all.

      The minimum rules are:

      • Credit check for all new clients
      • Credit limit for all clients
      • Terms of payment 7 days, 30 days etc. Customers will have to negotiate a longer period.
      • Procedure for letters 1, 2 and 3.
      • Procedure for phone calls after letters.
      • Cash Sales only after limit is reached or deviation from payment policy.
      • Procedure for debt collection.
        
        It doesn’t matter what the rules are, as long as your custom
        Referrals Build Profits: The Best Kind Of Customer Is A Referred Customer
        Referrals are the key to exponential and cost-efficient business growth. Supply a topnotch product... let your customers know how advantageous your brand is... and provide exceptional service.Do that and you’ll encourage customers to willingl
        ys etc. Customers will have to negotiate a longer period.
      • Procedure for letters 1, 2 and 3.
      • Procedure for phone calls after letters.
      • Cash Sales only after limit is reached or deviation from payment policy.
      • Procedure for debt collection.
        
        It doesn’t matter what the rules are, as long as your customers know them and know that you will apply them without favor.

        You may need some help from your accountant to fine-tune the procedure and help with the letters and telephone script. http://www.profitstrategies4business.com