The 3 Cs of effective credit risk management

Summary

When you go into business, you’re also taking on a certain level of risk – and none more so than when you extend credit to new customers. In an uncertain economic climate, small business owners are acutely aware that each day they are waiting for their invoices to get paid is another day money isn’t coming through the door.

Tags: Cashflow, cashflow advice, credit management, Debtor Management, extending credit, getting paid, improving cashflow, managing credit risk