Unless you’re a psychic or have telepathic powers like Professor Charles Xavier (from X-Men), it would be quite difficult for you to know if your debtor or business associate would be a good paymaster. When running a business, it is important to know who you are doing business with and the likelihood
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So far creditscore has created 15 blog entries.
No company, regardless big or small, especially small and medium enterprises (SMEs), should trivialise the importance of obtaining a credit report on their prospective clients and business partners, before extending credit or making any business decisions. Here’s why. SMEs are the backbone of the nation’s economy as it comprises 97% of the
Each of us learn to manage money from a very young age. We’re often told never to owe anyone money and even if you do, pay it off as soon as possible and lead a debt-free life. However, being in debt or having credit is not always as bad as it sounds; as
As we move into the second quarter of 2017, one thing seems clear – business owners are slowly breathing a sigh of relief with signs of the gradual economic recovery. The gloom seems to be lifting as the country’s GDP is expected to edge higher to 4.3% in 2017 from 4.2% in 2016.
In a sluggish and volatile economy whether locally or globally, evidently, Small and Medium Enterprises (SMEs) get hit the hardest due to the size of their businesses. Can they survive the economic downturn? How can they overcome this situation and continue to be sustainable? If you were a SME, you may want