Credit can make or break a small business because of the direct and substantial impact it has on cash flow. So dealing with receivables to maintain cash flow is an important part of managing the small business.
This Shape Your Business coaching webinar with Mike Reddy from syb.com.au covers two main areas associated with receivables management:
1. Setting up a credit policy and associated KPIs and tracking them for effective management.
2. Dealing with overdue receivables.
The section on dealing with overdue accounts includes a structured way of pursuing them, from initial reminder to legal action, with practical tips on how to handle the process.
Sydney, Melbourne Gold Coast and Brisbane business coaching available with Mike Reddy.
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