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Whether to extend credit to customers can be a difficult decision for a small business owner. In most cases, if you're considering whether or not to do so, you probably don't really have an option. Think through the decision carefully and set your credit policy up front. Once you have a collections issue is not the time to be deciding how you're going to handle the situation. This white paper deals with business?]to?]business credit. The rules and nuances for business?]to?]individual credit are different and will not be covered by this paper.
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