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Business strategy
What can over credit selling do to a business.
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[QUOTE="ameliaaria, post: 297432, member: 96121"] Agreed, proper credit management is crucial for a business's financial stability and success. Offering credit to customers can boost sales, but it's important to weigh the potential risks and implement measures to minimize them. Regularly reviewing credit policies and processes, monitoring credit risk, and having proper systems in place are key steps to managing credit responsibly. A balanced approach to credit extension is essential to protect the business's cash flow, reputation and financial performance. [/QUOTE]
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