Burt and Associates - How to play on 30 days terms

• Screen your customers. This mean to have a good credit application, get a review of the financial condition of the new customer as a part of your credit policy
• Credit application. Make them sing a Personal Guaranty, what it means is that personally guarantee to take care of any financial responsibility. Use your Commercial Debt Collection Agency to run a Risk Analysis so that you will have the basis of risk prior to opening a new account.