Due Diligence. What's Included?
Due Diligence can be a huge factor in many areas of business operations. Especially where there is a requirement to safeguard or protect certain parts of the business.
For Credit Managers, the thing we're protecting for you is the most important thing in your business ... YOUR CASH FLOW!
If your financial arteries - your business processes, become blocked or broken, your cash will be delayed in it's journey to your bank account and worse, it may never get there at all.
This will result in the business equivalent of a heart attack and one from which you and your business may never recover.
Debt-Doctors will keep your business arteries clear and help you maintain strong cash flow at all times by making sure you are running a "Fit For Purpose" process, covering several important areas...
- Terms and Conditions - take a look here
- Credit applications
- Personal guarantees
- Minimum credit ordering
- Credit referencing and background checks
- Credit limits
- Trade references
- Client personas
- Internal business conflicts
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