Credit Issues
7–26 | Create a credit policy |
7–27 | Modify the credit policy based on product margins |
7–28 | Modify the credit policy based on changing economic conditions |
7–29 | Modify the credit policy based on potential product obsolescence |
7–30 | Preapprove customer credit |
7–31 | Create standardized credit level determination system |
7–32 | Require a new credit application if customers have not ordered in some time |
7–33 | Review the credit levels of all customers who stop taking cash discounts |
7–34 | Call new customers and explain credit terms |
7–35 | Verify customer locations from reverse phone records and satellite photos |
7–36 | Issue a payment procedure to customers |
7–37 | Join an industry credit group |
7–38 | Refer a potential customer to a distributor |
7–39 | Require intercorporate guarantees |
7–40 | Obtain credit insurance |
7–41 | Shorten the terms of sale |
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