1. “FAIL TO PREPARE , PREPARE TO FAIL” DEBT RECOVERY
“Laurel Lodge” Hillside Monaghan, Co.Monaghan  Tel: (047) 71556  Fax: (047) 71557 
“FAIL TO PREPARE ,
PREPARE TO FAIL”
DEBT RECOVERY

2. 1. INTRODUCTION
2. CREDIT MANAGEMENT AS A PRELUDE TO DEBT RECOVERY
3. KNOWLEDGE
Contract
Debtor
Remedy
4. PRE LEGAL DEBT RECOVERY ACTIVITY
5. GOING LEGAL
6. PUBLICATION
7. CONCLUSION

3. CASH FLOW CALCULATOR
AMOUNT OWED AT THE END OF THE YEAR
DIVIDED BY
TOTAL AMOUNT OF SALES
MULTIPLIED BY 365
EQUALS
AVERAGE NO. OF DAYS IT TAKES FOR YOUR COMPANY TO BE PAID
FOR EXAMPLE
TURNOVER = K500
AMOUNT OWED AT THE END OF THE YEAR = K100
100
DIVIDED BY X = DAYS CREDIT
500