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Your customer can pay you but does he want to?

As per a report in the (Economic Times, 20th January 16) at the end of September 2016, the impaired assets of banks stood at Rs. 7 lac crore, nearly 12.6% of advances and up from Rs. 6.01 lac crore a ....

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The Pitfalls of giving Credit Be prepared for some inevitable fallout

With banks flagged off a rising number of NPA’s and businesses showing an increasing percentage of payment defaulters, the primary issue that any business in India faces is: How to decide the cr....

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6 (& a Bit) Purchase Order Essentials for the Small Business

“A verbal contract is not worth the paper it’s written on.” Samuel GoldwynThe movie mogul knew what he was talking about – a contract or a purchase order is a critically impo....

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