»Risk Management
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Using a Credit Bureau to Check Customer Credit

Aug 04, 2011

Granting credit to customers is, in effect, loaning them your money. Before extending credit, use a credit bureau to check their credit history so you can predict how they will behave when its time to pay. ... Read More

Checking Credit for International Customers

Aug 04, 2011

Extending credit to international customers is a difficult decision to make. You need solid information about the customers, such as their payments to other vendors and the financial condition of the companies. ... Read More

Should You Extend Credit Terms to Customers

Aug 04, 2011

Extending credit is essentially offering an unsecured loan. Banks typically begin their evaluation with these four points: liquidity, collateral, character/repayment history, and ability to repay. Before making your decision, you should do the same.... Read More

How to Get Customers to Pay on Time

Aug 04, 2011

If customers put payments off, your cash flow could be in big trouble. You can extend their payment terms, but you still need to collect your money by a date you can plan on. ... Read More

Business Registration Scams to Avoid

Aug 04, 2011

Avoid being a victim of business registration scams by looking for bogus fees and other expenses. Look out for registration filing fees, business name filing fees, email schemes, amongst others. ... Read More

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