How to Protect Cash Flow When Offering Credit
Extending Credit? Protect your cash flow first. Before offering credit to close a deal, ask yourself… will I actually get paid?
A solid credit policy protects your business and your relationships. A few quick tips:
- Don’t be afraid to ask for a deposit
- Take security if the risk/value is high
- Follow up debts early and consistently
- Value the relationship—but don’t avoid tough conversations
Prevention beats chasing unpaid invoices every time. I’ve put together a quick guide on practical credit control tips to help you protect your cash flow.
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