Description
Many promising businesses are struggling today because in the bid to entice customers, they offer credit to their customers which turns back to haunt and threaten the very existence of the business. This course guides participants on how best to offer credits, who to offer credit, the terms of the credit and effective cash collection processes. It gives you the tools to manage, monitor and appraise your Account Receivables (credit customers)It teaches you the techniques to evaluate credit terms with your customers, techniques to encourage timely payment and methods to speed up cash collection from Account Receivables. For delinquent customers, this course teaches you about the stages and the various ways to manage them effectively to get your money back. This course further teaches you the approaches to minimise Account Receivable pressure by diversifying your customer base and transaction terms. While credit can boost your sales, do not allow it to crush your business aspirations. Get into this course to know better, so you can get the money back into your business and continue striving towards your business goals. The course is a must for all business owners, sales managers, accountants, credit collectors, credit agents and others. It will save you from problems associated with poor cash flow, thereby making it easier for you to meet you financial obligations as a business. Remember that being financially trust worthy is a powerful currency for business continuity.
