Not sure you’re ready to extend credit? Think of it this way; you’re probably already doing it. Every time your business accepts credit card payments, checks or even sends invoi… See more

Long before you offer credit to your customers, you’ll need to decide how you will manage credit accounts accounts. You’ll need to know if you can charge late fees (and h… See more

When you’re preparing to launch a new credit program for your customers, you’ll need to get, and keep, all of your customers’ details in writing, and regularly ask them if … See more

If your business extends credit to customers, you should become very familiar with consumer credit laws and privacy laws. Do not ask any questions that could be le… See more