Key Warning Signs
Prevention is better than cure, so try to prevent bad debts in the first place. Any change in buyer behaviour can be a potential sign for looming missing payments. But the warning signs below should prompt an immediate response from you.
Watch out for ...
- payments slow, stop or are returned
- returned mail
- unavailable contact
- excuses and potential rudeness
- reducing or increasing orders
- increasing queries
- an increase in requests for trade references
- change of ownership
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