Debts of Poor Quality – Strategies for Mitigating Bad Debt in Business

40min
5,000 P
Google meet icon Lattep icon
Lezioni di prova
10min
300P
This structured lesson ensures students grasp the importance of managing bad debt and equips them with practical strategies for business success.

Descrizioni

Why This Course is Essential (And Worth the Investment)

Bad debt is a major contributor to cash flow issues, business failures, and financial instability across companies of all sizes. This course offers advanced, practical strategies aimed at reducing financial losses, enhancing credit control, and securing long-term profitability.

[What Students Will Gain from This Course]
1. In-Depth Insight into Bad Debt  
- Explore the definition, types, and real-life examples (such as corporate bankruptcies that stem from bad debt). 
- The effect of bad debt on financial statements (balance sheet, cash flow).  
 
2. Advanced Credit Risk Assessment 
- How to effectively evaluate customer creditworthiness through financial ratios and scoring models.  
- Utilizing resources like credit reports.
3. Proactive Prevention Strategies  
- Setting strict credit policies (contracts, payment terms, penalties).  
- Automated invoicing & reminders (using QuickBooks, Xero, or FreshBooks).  
- Early warning signs of potential defaulters.  

4. Effective Debt Recovery Techniques
- Diplomatic negotiation vs. legal escalation.  
- How to work with collection agencies and 
small claims court.  
- Restructuring debt for long-term customer retention.  

This lesson not only teaches theory but also offers actionable, profit-protecting strategies that benefit you and your business.


Let’s dive into a more engaging and thrilling learning experience! Looking forward to seeing you in class…

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Prima che la richiesta sia confermata (fissata)

  • La cancellazione è possibile in qualsiasi momento.

Dopo che la richiesta sia stata confermata (fissata)

  • Più di 24 ore prima dell'inizio della lezione.→ La cancellazione è possibile in qualsiasi momento.
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  • No-Show→ Il tutor potrebbe richiedere una penale per la cancellazione. Si prega di controllare i dettagli del tutor.
    (Si prega di controllare i dettagli del tutor.)

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