These days, there are more options than ever for accepting payment. It’s easy, however, for a new business owner to get caught up in the excitement of making sales while simultaneously forgetting the necessity of having a well-thought-out approach. For example, which payments will you accept? How will you handle payment plans? What collection methods should you use to ensure debts are paid? These considerations are essential to any small business’ success.

error: Content is Copyright protected by law. For reprints or sourcing, please contact Cayman Islands National Credit Bureau, Ltd. Thank you.