Diligence key to avoiding bad debt

By Lorna Brett · 22 August 2012 · Economy

Warning Signs for Small Businesses

A surge in businesses entering external administration is a red flag for all SMBs. Could your next customer be a ticking time bomb for bad debt?

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Summary

A jump in the number of businesses entering external administration should serve as a warning to SMBs to do research before taking on new customers, says a leading credit management expert.

Tags: Administration, Asic, ASIC research, avoiding bad debt, bad debt, credit management, CreditorWatch, Debt