How To Avoid Bad Debts

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Date: 01/07/2011

Don't let your debtors get out of control - 5 simple steps to keep the cash flowing in.

Cashflow is the lifeblood of your business. If your customers aren't paying, sooner or later you'll run into trouble. Roger Mendelson, of Prushka Fast Debt Recovery, offers five simple rules to ensure that you have a sound credit control system in place, and that it's followed to the letter. That way, he says, you'll get an early warning of problem payers and have the tools to do something about it. Some easy checks will tell you whether your system's working.