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Let’s Talk Bad Debt Strategies: Time is Money

It’s a fact: bad debt happens to good companies. The phrase “Time is Money” is never more true when we are talking about your company’s cashflow. The longer a customer takes to pay you, the less that money is worth. From the time product leaves your warehouse to the time the money successfully makes it to your bank, the clock is ticking. When the term you extended is up and the payment hasn’t arrived, your costs are going up. How long do you let the clock tick? Does you company have a bad debt strategy? Do you even discuss it? Thea Dudley and her guest Sven Nelson of C2C Resources discuss the cold, hard reality of time and debt.

Registration is now open for the LBM Strategies 2024 Conference