According to SP Global, US bankruptcies are on track to hit a 10-year high.
"Debt is like any other trap. Easy enough to get into, but hard enough to get out. -Henry Wheeler Shaw
Similarly, in trade credit, many companies unknowingly fall into such traps. They don't realize this until they start losing their working capital.
Download this checklist that will help you update your Bank Relationship Policies and make accurate bank-related decisions. Hence, save you from debt traps.
Follow this checklist and learn about the hacks that would make your financial decisions more accurate."
Key Takeaways:
- 4 major points a business firm must consider while choosing a financial institution.
- 6 crucial elements of Bank Relationship Policies of a business firm.
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