What happens when a client wants to pay an outstanding balance from their future sales or services? Working with that customer had previously been profitable, but they’ve experienced cash flow issues. For those who wish to continue doing business with a customer who seems to be having difficulties, you need
Your customer fails to make payment. If payment is not made within 30 days your invoice states that you have the right to more than just the contracted price. You carefully included additional terms on your invoice. These terms stood out in bold type. Your invoice stated that you would
Decrease receivables and insure the best chances of collecting your commercial debt colleton claim to put more money in your pocket. Learn about the steps necessary to evaluate credit worthiness of potential “customer” and be able to establish, maintain and comply with a credit policy designed for your company.
Credit applications. What may come to mind are the stacks of endless forms or repetitive on-line applications. Lengthy requirements to be completed before a lender would consider a request for a line of credit or financing. When asked to sell on terms, you make credit decisions. Without specific information about
GPS Rule (Section 20-104 (a) of the New York City Administrative Code) for process servers went into effect on November 12, 2011.
In order to help prevent identity fraud, businesses that provide goods and services on credit to the public are required to create Red Flag Rules. Red Flag Rules are a set of guidelines formulated to identify possible risks to customer information and to create guidelines and business practices to deal