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#1 |
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Pro
Trade: Subcontractor
Join Date: Jan 2009
Location: Midwest
Posts: 285
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Accounts Receivable Article
From a business perspective this NYT* article discussing accounts receivable is interesting and appropriate for contractors.
http://boss.blogs.nytimes.com/2009/1...g-receivables/ We've made similar mistakes ( ) as the author did and learned similar lessons. Credit extended is always a risk - no matter who the customer is. * I know the NYT is not the last bastion of truth, but they sometimes get it right. |
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#2 |
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Registered User
Trade: later
Join Date: Dec 2009
Posts: 10
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Re: Accounts Receivable Article
I learned it the hard way that no matter how long you have been dealing with a customer, credit extension is a big risk. Thanks for the link, though I could say I am passed on this stage but who knows...
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