SME Debt Collection - 7 tips for 2019


Reduce your risk of outstanding debts. Be smart when taking on new customers.

  1. Run a Credit Check
  2. Develop a Credit Policy
  3. Include all relevant detail in all communication
  4. Remind debtors before the due date
  5. Keep your records up to date
  6. Have a collection plan ready (or get in contact with us)
  7. (We will) Send reminder Letter as soon a payment is due
  8. Consider hiring a specialist (better you hire Sally!)

Read More: 

https://financebusinesstrading.com/small-business-debt-collection-tips-for-2019/