How should payment terms be structured based on the completion of installation?
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what is credit sales
- What are the potential benefits of offering attractive credit terms to new customers or in new markets?
- How can businesses provide support and flexibility to affected customers? What are the best practices for managing credit sales to customers who are involved in complex supply chains or have multiple layers of subcontractors?
- What are the best practices for separating personal and business finances in credit matters? How can businesses effectively manage credit sales during periods of rapid growth or expansion?
- What strategies can be used to ensure continued payment for subscription or maintenance services? How can businesses effectively manage credit sales to customers who are making purchases that are subject to usage-based pricing or variable billing?
- 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 legal requirements regarding adverse action notices? How can businesses effectively manage and resolve credit-related complaints and disputes from customers?
- What steps can businesses take to prevent and respond to chargebacks? How can businesses utilize credit bureaus and credit reporting agencies effectively and responsibly?
- How can positive credit experiences enhance customer loyalty and advocacy? What are the ethical responsibilities of businesses offering credit sales?
- What are the currency risks associated with international credit sales? What are the political and economic risks associated with international credit sales?
- What is factoring of accounts receivable? What is invoice discounting?
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