by Lalvir | Nov 1, 2022 | Business Credit Management
Whether a company is new or established, it must maintain a consistent cash flow. A healthy cash flow is dependent on the business’s financial strategies, which include a credit management system. A good credit management technique will assist you in...
by Lalvir | Jun 10, 2022 | Business Credit Management
Many businesses face times of losses whether due to a product or service you introduce or a risky deal you made that turned the wrong cards. While having losses is not bad as long as the company is able to cope from it, running out of cash and having multiple cash...
by Lalvir | May 13, 2022 | Business Credit Management
Transactions between businesses can be more tricky than selling your product to a consumer. The large orders require you to start a credit line for your clients so the finances are streamlined. However, small B2B businesses are at a significant risk of not getting...
by Lalvir | Aug 26, 2021 | Business Credit Management
Credit management is essential for a business to run its operations smoothly. Be it about receiving or making payments: you must follow standard business practices. Credit management techniques involve organizing billing and invoice records, sending digital invoices,...
by Lalvir | Aug 18, 2021 | Business Credit Management
Every business aims to achieve milestones, one after another. In their quest of finding business solutions that work, they go above and beyond the normal to ensure they are on the right track. Here, it’s relevant to talk about business credit management techniques...
by Lalvir | Jul 10, 2021 | Business Credit Management, Credit Management
Recovering bad debts is tricky. You have to make proper arrangements to ensure you don’t miss time to collect payment from your debtor. Not only do you have to take care of documentation, but you also have to find tricks and techniques that work in your favor. During...
