The standard convention for credit terms has always been net-30. It provides your customers with enough time to pay but also allows you to receive payment within a reasonable amount of time. It seems to be the best option for … Read More »
Extending credit to customers is a natural part of doing business, yet one of the big questions almost all businesses will face is who to grant credit to. No matter how diligent and proactive you are, there will always be … Read More »
Building a consistent cash flow for your business will help alleviate the impact of potential financial issues down the road. To decrease the amount of bad debt within your business, one tactic is to provide customers with early payment term … Read More »
In the B2B world, extending payment terms to customers is a typical practice. But, have you ever considered your terms and how they were created? Did you just establish the terms because everyone else was doing it? Don’t let extending … Read More »