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Extending Business Credit
Extending business credit is a huge responsibility – it’s the credit manager’s job to weigh the risk of granting credit and determine whether customers can pay on time. Bad credit decisions, based on bad data, can impact monthly cash flow and lead to bad debt when customers don’t pay as promised. The articles below explain key concepts about extending business credit. Keep reading to learn more.
Guide to Contracting and Contract Bidding
Landing a contract with another company can help your business grow and get wider distribution for your products or services. But there’s a lot at stake for the proffering company and many factors go into their decision-making, so winning those contracts can be tough. Often business owners may never even learn why they were passed up for a contract. Fortunately, there are ways to help influence how your business is perceived during the bid process.