Summary of Streetwise Credit and Collections

Looking for the book?
We have the summary! Get the key insights in just 10 minutes.

Streetwise Credit and Collections book summary
Start getting smarter:
or see our plans

Rating

7 Overall

9 Applicability

7 Innovation

7 Style

Recommendation

Knowing how to extend and manage credit can mean the difference between a profitable small business and a bankrupt one. A problem borrower is a dangerous nuisance that wastes your time and money, and raises the specter of potential litigation. That makes Suzanne Caplan’s book on managing cash flows and credit particularly useful. This straightforward manual presents clear information, including sample collection letters and step-by-step suggestions on resolving collection issues. Caplan uses real-life examples to supplement her ample basic information on issuing credit and collecting payment. getAbstract finds that her practical book can help small business owners or managers dodge the hazards of poor credit practices.

In this summary, you will learn

  • How to grant and use credit in a small business;
  • How to reduce the risk of nonpayment; and 3
  • How to improve your collections process.
 

About the Author

Suzanne Caplan, a 20-year CEO for a small manufacturing company, is a frequent speaker and a small-business consultant. She also wrote Turn Your Business Around!, The Small Business Insider’s Guide to Bankers and Streetwise Finance and Accounting for Entrepreneurs.

 

Summary

Promises to Pay
Credit and collections are critical to any business. The lack of an accurate, continuous credit process can jeopardize your cash flow and your operations. While many business owners use their own money or bank loans as their primary sources of capital, they sometimes turn...

Get the key points from this book in 10 minutes.

For you

Find the right subscription plan for you.

For your company

We help you build a culture of continuous learning.

 or log in

Comment on this summary

More on this topic

Customers who read this summary also read

More by category