Tim DemetriouMarch 20, 2023Credit Applications
For wholesalers, onboarding new customers is a critical process that can make or break their business. A well-structured onboarding process is necessary to protect your business from bad payers, streamline payment management, and improve customer relationships. In this article, we’ll discuss the importance of onboarding new customers digitally and how it can help you avoid …
Read moreTim DemetriouFebruary 27, 2023Late Payments
As a business owner, it is important to establish good relationships with your wholesale customers. However, disputes may arise, and negotiating payment plans can be a difficult task. In this article, we will explore some strategies for navigating disputes and negotiating payment plans with wholesale customers. 1: Communication is Key The first step in navigating …
Read moreTim DemetriouFebruary 8, 2023Accounting
Building strong relationships with wholesale customers is crucial for the success of any business. One effective way to achieve this is through effective trade credit management. Trade credit refers to the extension of payment terms by a supplier to its customer, allowing the customer to pay for goods or services after they have been received. …
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