Tag: business credit report

In some industries, business is conducted with only a few large contracts and a few major clients. One client may make up almost half of a company’s business dealings. While having so few customers can make things simpler, it can also be dangerous if any one of them pulls out of their contract for financial reasons. In order to limit exposure to these kind of catastrophes, business owners can take steps to check out a potential client’s credit-worthiness before signing a contract. Here are the […]

If your company relies on the contracts of just a few big clients, it is essential to you to know that each of those clients is likely to make good on their financial obligations. There are several ways to vet a client before taking on that contract. Part One discussed running business credit reports and doing some background searches. Here are a few more tips for discovering the creditworthiness of any potential client: Ask for References It is completely appropriate to ask potential clients […]