In an increasingly strained economy, what are the top credit management tips for businesses? Growing a business in a strained economy is tough. Getting paid by your customers in a strained economy is even tougher. With the economy having contracted by 3,2% in the first 3 months of 2019; April liquidations up by 53,1%; and business confidence at some of its lowest levels since 2011, there can be little doubt that the South African economy is strained. Businesses that sell their goods and services to other companies on a trade credit basis are specifically under pressure as they face the prospect of limited growth, coupled with cash flow consequence of […]