How to cut your losses when you extend credit

12/6/2009 |

Most entrepreneurs have no experience with credit policies when they start their businesses and are focused on making sales, writes Jay Goltz, who personally makes a call after a bill owed to one of his companies goes unpaid for 90 days. From his personal experience, Goltz says he has learned these key things about accounts receivable: Always get a signed credit application, check credit, set credit limits, call when bills are late and assume there will be some losses.

View Full Article in:

Published in Brief:

SmartBrief Job Listings for Business

Job Title Company Location
Pharmacy Benefit Analyst/ Auditor
Nationwide, SL_Nationwide
Vice President, HEDIS & Performance Outcomes
Dayton, OH
Vice President, Girls and Women Strategy
United Nations Foundation
Washington, DC