Business
Google
 

How to Write a Credit Policy for Your Business



You Bever Know Who You're Serving
You Never Know Who Youre Serving when customers turn irate.

I think of myself as a reasonable person. It takes a lot to .....
The book, Become the Squeaky Wheel, by New Hampshire author Michelle Dunn, says the different ways people use and extend credit makes or breaks your credit policy and bottom line, which could result in less or more sales and money for your business.

Business owners all have different types of businesses but can all extend credit, explains Michelle Dunn. So it should only make sense that no two credit polices can be the same.

Dunn explains that one major difference is if you have a service or retail business. Your credit policy should use multiple facets to cater to prospective customers but also protect the business owner.

You are limited in what you can and cant ask a prospective customer in order to extend them credit, says Dunn. Business owners need to be aware of what these questions are and what the laws are before they create their credit policy. Your credit policy helps to filter customers so you dont have to spend your time chasing your money. Your best policy will be short, easy and to the point, it will avoid long-winded statements and a lot of legal or big words. Always create your forms with the reader in mind, the easier and clearer the better.

California Bad Credit Mortgage
California is a beautiful place to live There is no doubt about that. But, to live in California you must pay the price, which is sky high real estate prices. Renting, as .....
She has written 5 books in her Collecting Money Series. She is currently writing a book for the Streetwise Series, part of the Adams Media Corporation. In addition to writing and marketing her books, Michelle moderates and runs Credit & Collections.com and was a member of The American Collectors Association for 9 years. Visit http://www.michelledunn.com or http://www.credit-and-collections.com for more information on any of Michelles books or services.

The articles and content provided on this website have been contributed by guest authors, and may not reflect the views, opinions, thoughts or beliefs of http://www.vicariously.net/business/ or its staff. We are not responsible for copyright infringements by columnists, writers and authors. We do not necessarily endorse or promote the services, advice or products by, from and mentioned by any authors, writers or columnists. http://www.vicariously.net/business/ will not be liable for any loss or damage suffered by a user through the user's reliance on information and advice gained through the articles, interviews, stories, columns, and any and all writings viewed on this website.

© 2007  Business - All Rights Reserved