If you ask what the lifeblood for any business, especially small businesses, and start-ups is, then the obvious answer is the accounts receivable. In commercial terms, these are amounts or goods which a company owes to its customers. Obviously, to small-scale firms, they play a significant role. However, as not all customers are the same, the chances of encountering bad debts remain pretty high. And if you are running a start-up, then such debt...
