5 Credit Management Practices for Business Success

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5 Credit Management Practices For Business Success

• By CreditQ

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Credit Management Practices

• Dealing with business credit defaulters is
  tricky. Well, it's a common issue that bothers
  most MSMEs and businessmen. Sometimes, your
  courtesy calls go in vain, and other times you've
  to convince yourself to take stern measures to
  get this issue closed as seen as possible. It can
  impact your business negatively. 

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• LET US HELP YOU LEARN CERTAIN CREDIT MANAGEMENT
  PRACTICES THAT YOU CAN FOLLOW TO RECOVER MONEY
  FROM BUSINESS CREDIT DEFAULTERS AND KNOW BETTER
  ABOUT BUSINESS CREDIT MANAGEMENT. 

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1.Pay A Visit

• If your debtor is escaping from payment issues
  time and again, it's time to pay him/her a visit.
  What could be better than going unannounced so
  that your business credit defaulter will have no
  excuses to give. 

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2.Make Courtesy Calls

• If your debtors stay far away and you can't
  afford to visit them now and then, you can start
  making their courtesy calls. While on call, make
  sure you note everything as proof so that you can
  take action accordingly. 

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3.Put Their Services On Hold

• If you've made enough efforts to reach your
  payment defaulter, you can take a stem step of
  putting their services on hold. 

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4.Seek Professional Help

• If you are unable to handle the payment dispute
  yourself, its best to consult credit information
  bureaus like CreditQ.

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5.Create Strict Payment Terms

• All this can help you find some peace of mind. We
  understand dealing with all kinds of people in
  business can be chaotic. That said, you should be
  smart enough to safeguard your business from
  fraud and make it reach heights

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• All this can help you find some peace of mind. We
  understand dealing with all kinds of people in
  business can be chaotic. That said, you should be
  smart enough to safeguard your business from
  fraud and make it reach heights.

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Thank You

• Address  3/31, Chitrakoot Marg, Arpit Nagar,
  Vaishali Nagar, Jaipur, Rajasthan 302021
• Mob 91 724-000-0901
• Email support_at_creditq.in
• Website https//creditq.in