Credit check your customers!

Wednesday, August 5th, 2009 at 11:32 am

If I went into a shop to buy something, what would happen if I asked to take the goods away and pay for them later? I would probably be told to get on my bike!

So why do so many of us carry out work in advance of receiving payment without thinking about whether the customer has the ability (or willingness) to pay at the end?

In today’s world especially, we shouldn’t offer credit without knowing a potential customer’s credit history.

The difficulty, though, is how to go about it. I found the following article, which gives you some good pointers as to where to start:

Why you should do a credit check on customers.

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