In this Training Topic, we examine the real-world risks and rewards of using credit in your garage business.
From business loans and mortgages to credit cards, overdrafts, and lending to customers through service plans or interest-free credit, we explore where borrowing can boost your business and where it can burn you.
Learn the difference between strategic borrowing and financial firefighting and why setting boundaries with customer credit might save your garage from a costly mistake.
The difference between Good and Bad Debt can transform a business.
Atomic Action
✅ Does your Business have any Bad Debt?
✅ Does your Business have unauthorised Debtors?
✅ Tackle the Highest Interest/Highest Stake Debt as a priority
