Game of Credit: How to Manage Your Accounts Receivable for Profit!

THE GAME OF CREDIT: HOW TO MANAGE YOUR ACCOUNTS RECEIVABLE FOR PROFIT was written to give business owners, accountants, & credit managers the complete understanding of Accounts Receivable & how it affects cash flow. Accounts receivable is the backbone & lifeline of a company. It is the most important asset on a company's balance sheet in that its liquidity is the essence of Cash Flow & Working Capital. Accounts receivable should be treated similarly to a stock portfolio, an asset that has to be managed properly in order to produce dividends. (In this case cash flow.) THE GAME OF CREDIT is a valuable reference tool that teaches business owners how to "think like a lender," maximize the value of their accounts receivable collateral & improve their cash flow. By implementing the "Rules of the Game," a business owner utilizes policies & standards which relate directly to lowering the turnover rate of receivables, reducing bad debt & limiting risk, which subsequently increases cash flow & maximizes accounts receivable collateral. Anyone who learns to play THE GAME OF CREDIT will be a financial winner! Suggested retail price $49.95. For information contact: New York Credit, 929 Howard Street, Marina Del Ray, CA 90292. Phone 310/827-0076; FAX 310/578-9228.Shaw, Eric is the author of 'Game of Credit: How to Manage Your Accounts Receivable for Profit!' with ISBN 9780963475503 and ISBN 0963475509.