How Old is your Customer Debt?
BookkeepingA sale is not a sale until you have been paid. So why do so many businesses leave debt outstanding for weeks and months?
A sale is not a sale until you have been paid. So why do so many businesses leave debt outstanding for weeks and months?
Do you keep track of your payments to suppliers and receipts from your customers? Not all suppliers are efficient in keeping track of the incoming payments from their customers and equally not all customers keep track of how mu…
If you are a provider of services to your customer how often do you review the service you provide to them? Are you providing the service they want or the service you think they want? Do they know what they want or do they trust y…
The majority of businesses will need to provide their customers with an invoice for the goods they have bought or the services they have received. The format of that invoice and how it is presented to the customer will vary from business to bus…
How do you classify a good customer for your business? Every business will have analyse a good customer differently. In retail a good customer will probably be one who returns time and time again because of what you sell, your …
