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I am going to keep this short and sweet…too many times your Finance team isn’t the one making…finance decisions. Now, input is needed from all other groups in your organization but I think anything dealing with risk/cash exposure should be addressed by your finance group directly.
NEW CUSTOMERS: Who ultimately approves these for your business? Is it sales, operations, or your finance team? Who is vetting these customers to confirm that extending terms and a limit make sense?
If you aren’t doing this, you should be. It’s only a matter of time before one of these unvetted customers comes back to bite you!
If you do one thing for me today, please take a second and SHARE my YouTube intro for my Skool group. I’m trying to reach more Veterans this year and would love to get this out to as many people as possible. Thank you all!
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