With members feeling the squeeze for cash, many business owners are starting to see longer lag times in getting paid. The presentation centers around implementing strategies maintaining a healthy A/R balance.
Attendee take-aways will include:
-A concrete understanding of how to set
up and word their credit applications.
-The importance of personal guaranties when extending credit, how to word them, and when to ask for them.
-How to increase revenues and minimize losses when they engage outside third party collection agencies.
-The litigation process. and will gain a working knowledge of what can happen when a lawsuit is filed on a past due account.
-Instruction on what to do when you get a Notice of Bankruptcy.