Description
In making sound business credit decisions, the first step is knowing where to get the data, analyzing it, and understanding how to compare it to industry standards. Taking this analysis and comparing it to other informational sources rounds out the process. But this is only the beginning!
In this step by step approach to rendering a sound business credit decision, you will be taken through the many areas that can change, enhance or disrupt your final decision. Keep in mind that credit decisions, while difficult to make, are only one aspect to the final impact that making the wrong decision can have. This course guides you through the steps of staying focused on considering all the facts for making credit extension decisions and provides you with the means to stay that way.
What every manager needs to keep their firm’s sales and cash flow moving up is cooperation, communication and teamwork between the credit and sales functions as it relates to setting and achieving goals. This course provides those tools and many other things to keep you alert to achieving these goals, enhancing your firm’s bottom line and dissolving the road blocks that keep cash flow, sales and profitability from moving forward.