Most businesses experience some problems getting paid on time by their customers. Good credit control helps to prevent this becoming a serious problem.
However, there are occasions when a customer cannot, or will not, pay. To avoid a bad debt, you may need to use a third party or take legal action to recover the money you are owed.
This content is for members only.
Gain unlimited access to all of the resources and factsheets on IoD.com by joining as a member.
IoD membership can help you reach your full potential through its various membership packages.
Are you ready to become part of the UK's most dynamic community for business leaders?
Find out more about IoD membership
Join now Login