How can negative credit experiences damage a company's brand image?
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what is credit sales
- What are the different types of credit agreements?
- What reporting and tracking mechanisms can be used to ensure accountability and timely payment? What are the key considerations for businesses that are offering credit sales for products or services that are sold through a network of affiliates or partners?
- What strategies can be used to prevent and address payment defaults?
- How can businesses handle customer disputes related to credit sales? What is the process for handling returns and allowances in credit sales?
- What mechanisms can be used to track progress and ensure timely payments for each phase? How can businesses effectively manage credit sales to customers who are making purchases that involve training or implementation services?
- What are the benefits of using automated reminders, electronic invoicing, and online payment portals?
- What legal actions can be taken to recover debt from unsecured credit sales? What is a collection agency?
- How can sales personnel be trained on credit policies and procedures? How can sales incentives be aligned with credit risk management?
- What are the fundamental principles of sound credit management that will remain relevant? How does credit sales relate to a company's overall financial strategy?
- What are the potential risks associated with currency fluctuations? How can businesses effectively manage credit sales to customers who are making purchases that are subject to government contracts or regulations?
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