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    1 Reply Latest reply on Oct 25, 2008 12:23 AM by Lighthouse24

    12 Danger Signals Your Customer is in Financial Trouble

    BillCollector Wayfarer
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      1. "I'm \\ just in the middle of changing banks (or getting new financing).
      2. Loss \\ of an important customer
      3. Loss \\ of an important employee or manager
      4. Slow \\ receivables or a large bad debt - Domino effect!
      5. Broken \\ promises
      6. Messages \\ not returned
      7. Writ \\ or Statement of Claim from another supplier for goods sold or delivered
      8. Change \\ of ownership, management, death - do something NOW!
      9. "I \\ have no money"
      10. Mail \\ return
      11. Trade \\ rumours
      12. Bank \\ financing that includes extraordinary security such as assignment of life \\ insurance etc.

      • Remember: When
      there is evidence that things are going downhill, it is probably a lot worse
      than one might think.

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