Day: March 18, 2024

In the competitive world of footwear and apparel exports, managing receivables and tackling overdue payments is a critical aspect of maintaining financial health. This article delves into the multifaceted approach to debt recovery, outlining a three-phase recovery system, strategies for effective collection, the role of legal action, financial considerations, and…

The footwear and apparel export industry often grapples with the challenge of overdue payments, which can cause significant disruptions in operations and cash flow. To address this issue effectively, it is essential to understand the intricacies of the problem and implement a structured recovery process. This article delves into a…