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Posts Tagged ‘ maximise profitability ’

Is bad debt the price of growth?

  • November 23rd, 2012
  • Posted in Payments and Collections

As the economy fluctuates between contraction and growth, those businesses getting ready for the latter must prepare to face a new set of challenges. In the past, the volume of sales coming in meant businesses could absorb a certain amount of bad debt without cause for concern and credit departments were forced to absorb this debt in the name of ‘growth’. Today, even a little bad debt can cause big problems.[ READ MORE ]

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