000			01239cam a2200241 4500
001			ABS63956
008			000000n2001 000 0 eng u
035			_a(Sirsi) u112802
100			_aAntoniou, N
245			_aGet paid on time
260			_c2001
490			_aBuilding _v266(8185) 18 May 2001, 53(1)
520			_aEmphasises the importance of effective credit management for construction firms to protect themselves from late or non-payment of invoices. Describes a three-stage process which involves obtaining a credit rating of a prospective customer; agreeing an official contract with clear payment terms; and ensuring payment with up-to-date accounting records and reminders. Also advises firms to consider credit insurance to protect against non-payment, and suggests that a well constructed solicitor's letter can avoid a court case. Concludes that whilst legislation has been introduced to reduce late payments, good credit management is still advisable.
590			_aABS
650			_aCREDIT MANAGEMENT
650			_aSMALL BUSINESSES
650			_aINVOICES
650			_aCREDIT RATING
650			_aCONSTRUCTION INDUSTRY
650			_aNON-PAYMENT
690			_aMANAGEMENT-BUSINESS MANAGEMENT
942			_n0
999			_c67152 _d67152