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Debt ReliefHow to Write a Credit Policy for your Business
by:
Michelle Dunn
The book, “Become the High Wheel,” by New Hampshire author Michelle Dunn, says the some route folk use and extend credit does or breaks your credit policy and bottom line, which could result in less or much sales and money for your business.
“Business owners all have some types of businesses but can all extend credit,” explains Michelle Dunn. “So it should only do 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 as well protect the business owner.
“You are limited in what you can and can’t ask a prospective consumer
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 don’t have to spend your time chasing your money. Your better policy wish be short, easy and to the point, it wish 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.
Just about the author:
Michelle Dunn has over 17 years experience in credit and financial obligation collection. She is the founder of Ne'er
Dunn Publishing, LLC, is a writer, advisor and the Editorial Authority for Eli Financial. She has written 5 books in her Aggregation Money Series. Visit www.michelledunn.comor www.credit-and-collections.com
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