NGLCC Webinar Wednesdays: Getting Paid in the COVID Era

Description

NGLCC Webinar Wednesdays: Getting Paid in the COVID Era

With members feeling the squeeze for cash, many business owners are starting to see longer lag times in getting paid. The presentation centers around implementing strategies maintaining a healthy A/R balance.

Attendee take-aways will include:

• A concrete understanding of how to set up and word their credit applications.
• The importance of personal guaranties when extending credit, how to word them, and when to ask for them.
• How to increase revenues and minimize losses when they engage outside third party collection agencies.
• The litigation process. and will gain a working knowledge of what can happen when a lawsuit is filed on a past due account.
• Instruction on what to do when you get a Notice of Bankruptcy.