BILL COLLECTOR Questions and Answers

What advice would you give to the customer to avoid bad debt?

Bad debt occurs when customer ignores small things like

  • Checking of a business and background of the client before offering credit
  • Setting safe customer credit limits
  • Release good only once the payment is cleared
  • Before shipping any goods wait for direct deposit payment to clear
  • As soon as a job is done send invoice to the responsible party
  • Give all information on your invoice about the mode of payment
  • Stay in regular touch with your client
  • For early payment of bills offer a small percentage discount