13 Point Credit Management Health Check

Do all of your clients pay on time?

Yes

No

Do you enjoy chasing overdue accounts?

Yes

No

Do you have a legally binding Terms & Conditions of Trade in place?

Yes

No

Do all of your clients sign your Terms & Conditions of Trade?

Yes

No

Are you able to do credit checks on your clients?

Yes

No

Can you charge costs of collection, legal action, interest and admin fees on to your client if they do not pay?

Yes

No

Do your Terms & Conditions allow you to charge legal costs on to your debtors?

Yes

No

Do you have the right to default, giving your debtor an adverse credit rating without going to court?

Yes

No

Are you completely up to date with all relevant legislation allowing you to operate as a ‘best practice’ business?

Yes

No

Are you aware of the Personal Property Security Act (PPSA) and do you understand it?

Yes

No

Do you currently enjoy the level of protection that being a secured Creditor on the Personal Property Security Register (PPSR) allows?

Yes

No

Can your business afford to be treated as an interest free bank?

Yes

No

Would you like to register to attend a one day Credit Management Workshop on how to get paid on time?

Yes

No

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