Understand your volume of transactions and how much of those transactions are on terms.

If you have only a few clients, and all are on terms, one default could devastate your business.  If you have a lot of clients, and only 1 defaults, while you might be hurt financially, it could be survivable.  Understand the dynamics of your client base, how many are on terms, and how long those terms are. It is imperative to spread the risk as thinly as possible to be able to adequately survive a potential default.

Rely on America’s finest low-cost commercial debt collection agency for excellent commercial collection results, low prices and world-class business and receivables advise.

 

We use cookies to give you the best online experience. By agreeing you accept the use of cookies in accordance with our cookie policy.

Share This