SME Magazine

SME Focus

Debt recovery no longer a nightmare for SMEs

A healthy cashflow is the lifeblood of small businesses. So when cashflow is disrupted, these enterprises, which operate on limited funds, are put on the line. An accumulating accounts receivable is one of the many scenarios that may result in cashflow disruption. However, to gain favor with customers, businesses must be willing to offer services or goods on credit, as customers value the convenience in making purchases that can be paid on a later date. The challenge for small business owners then is not so much on eliminating credit sales as to recovering debts.

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Proudly Pinoy

Proudly Pinoy

Volume 12 No.4, December 2013

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