Staying on top of your credit is vital as a start-up. To accept card payments without risking your cashflow, read our top tips
A late paying customer is bad news for any business. But for start-ups, bad credit can be especially tough to recover from. As unpaid invoices pile up and eat up your ready cash, a lax credit policy could even spell the end of your small business.
So, if you are planning on extending credit to your customers, you will need failsafe controls at the ready. Here, we explain everything you need to know to protect your business, whilst making it easier for your customers to pay by card.