bad debts
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Chen Zhen on Bad Debts: “We Don’t Have Any” – High Bad Debt Likelihood a Result of Proactive Cooperation
Automotive influencer Chen Zhen addressed concerns about outstanding debts, stating his business is financially sound and prefers upfront payments. He believes significant bad debts often indicate a lack of value given to the creditor and suggests a cautious approach to partnerships. This discussion arose from industry concerns over unpaid bills, highlighting the importance of financial health and expense control among automotive bloggers.