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They are adaptable according to the client and the particularities of the commercial relationship or the business in question. They are the determining factors. They must therefore be chosen on purpose.
Set up the payment term
Payment terms have a direct effect on your business cash flow and on the risk to get unpaid invoices and bad debts. The longer the payment term, the greater the working capital...
Down payment and payment in advance
Get the payment of an order before doing the delivery or the service requested is the easiest way to avoid any risk of default payment. In addition, the effect on your cash flow is...
Delegation of payment
This kind of contract can limit or even cancel the risk of bad debts in case your client is not creditworthy, but his own client is fully reliable. You are paid directly by the client of...