Better Business Bureau and Dun&Bradstreet

#1
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I'm currently working on putting a contract together with a huge company, and I looked at BBB and liked what I saw. Just recently, someone mentioned Dun&Bradstreet to pull up their credit rating on their level of risk on getting paid from them.

I don't know if any of you have done that before, but I feel it's a very valuable tool to have, because I never even thought of using that as a leverage tool. I paid $62 for the credit report.

Have any of you used that tool to determine if a big company is worthy to chase? Was it ever wrong on it's results?
 
#3
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SmartAss!!! I don't want someone calling me an idiot. I'm looking for experienced advice on how to find out information for a possibly huge client (More than double my current gross)

I'm not gonna put my investment on a company who pays the big big vendors 45-90 days. I can't carry a load that big yet. And I don't want to deal with a company who does that.
 
#5
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I have used it twice. Both were several years ago. The D&B rating was accurate. But, I decided I did not want any one company to account for 50% or more of my gross income. Too many eggs in one basket. I sold those accounts off.
Thank you for your input. I'm hesitant to chase it as well, because half my eggs will be in this basket. I'm hoping to chase more accounts like this once I get my foot in the door, but selling the account??? I might need a tip or two on how I can sell it if I don't like how the numbers are rolling in
 
#6
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It probably is accurate, but...

think about companies like Enron...

Also I am good friends with some one who works for a large private engineering firm. Lots of shenanigans going on in the finance department even though D & B rate them well.
 

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