Most businesses operate on credit but you need to turn invoices into cash to keep your enterprise afloat.  An efficient credit control system will help to keep the money flowing in to your business.   

This section looks at what it means to offer credit sales, receiving payments, establishing agreed payment terms, how to encourage prompt payment, charging interest on late payments and obtaining credit from suppliers.  See the links for expert guidance on credit control procedures, or speak to an experienced Business Advisor.