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Understanding Business Risk of Offering Credit

Cost of Credit

Do you know the impact that slow payment or bad debt can have on your business? Understanding Business Risk of Offering Credit can help with cash flow.

This section will illustrate the impact of this and teach you how to analyse your sales technique for the benefit of your future profitability.

 

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What is the Cost of Credit?

Any decision to offer credit contains an element of risk and involves you, the supplier, in cost…Collection Letter One

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