Business debt collection and credit management have five cardinal rules: Know who you are contracting with – a sole trader, partnership, company? A leopard rarely changes its spots – a customer with a bad credit history will likely be a bad credit risk for you as well; The squeaky wheel gets the oil/money – chase … Continue reading BAD DEBTS & HOW TO MINIMISE THEM. HOW TO IMPROVE DEBT COLLECTION. AND HOW TERMS OF TRADE CAN HELP.