BizSugar.com › Sales › How to Perform a Customer Credit Check

Extending credit inherently takes a large degree of trust, trust that may or may not be well founded. Credit has become such an ubiquitous part of the today’s business community that we sometimes forget the risk it actually entails. But what are we to do? Stop dealing in credit? We wouldn’t dare. Credit has enabled us to do some pretty incredible things, but that still doesn’t mean we shouldn’t proceed with caution. The trick is not to abandon credit altogether (as it’s what keeps your business competitive and your customers happy), but rather learn how to mitigate the risks involved. For this reason a credit report stands as a valuable asset, to both protect and safeguard your business from potential problems down the road. Taking the small steps early to screen through a customer credit check will save you a great deal of time and money.