http://bkaufmann.com/blog/2008/the-true-cost-of-bad-debt/ Just my thoughts and other stuff -- for anyone who is interested Sat, 06 Nov 2010 16:04:34 +0000 hourly 1 http://wordpress.org/?v=3.2.1 http://bkaufmann.com/blog/2008/the-true-cost-of-bad-debt/comment-page-1/#comment-6 Credit Crunch » The True Cost of Bad Debt Sun, 20 Apr 2008 04:14:13 +0000 http://bkaufmann.com/blog/the-true-cost-of-bad-debt/#comment-6 [...] Article Valhalla wrote an interesting post today onHere’s a quick excerptThe True Cost of Bad Debt By Bruce Kaufmann | April 19, 2008    When you finally decide to write off an uncollectible receivable, what is the total cost to you?  If you think it’s just the amount of the invoice, you’d be wrong.  To calculate the true impact on your business, you must add in the cost of other important factors that are often overlooked by management: Less Credit / Lower Sales Accounts receivable are typically used as collateral for a bank line of credit.  A bad debt, ther [...] [...] Article Valhalla wrote an interesting post today onHere’s a quick excerptThe True Cost of Bad Debt By Bruce Kaufmann | April 19, 2008    When you finally decide to write off an uncollectible receivable, what is the total cost to you?  If you think it’s just the amount of the invoice, you’d be wrong.  To calculate the true impact on your business, you must add in the cost of other important factors that are often overlooked by management: Less Credit / Lower Sales Accounts receivable are typically used as collateral for a bank line of credit.  A bad debt, ther [...]

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