Have you ever felt like you are the bank to somebody who chooses to pay others ahead of you?
Have you been told that you can’t be paid because somebody isn’t paying your customer?
Have you been chasing people for money and they never return your calls?
I’m sure that the majority of business owners have experienced this.
The fundamentals of the debt are that your customers should not be gambling with their businesses and place orders when the money isn’t there. In fact, that is trading insolvent. As time passes, to tell their suppliers that they can’t pay them is purely unethical and really people should avoid continuing to do business with such relationships.
No matter which side of the ledger you are coming from in this situation, learn how to avoid both scenarios:
- Owning people overdue money; and
- Being owed overdue money.
Call us now on (03) 9439 5201 to learn how to avoid those traps and become the business that everybody wants to deal with.