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Tag Archives: Collections
Perfect Terms – Ultimate Guide to Extending Credit without Breaking the Bank
If you are giving net terms (i.e. selling on credit) to your customers, you know they are treating you like a bank. They buy goods or services from you, and they end up paying you months later. You are paying … Continue reading
Posted in How To
Tagged business customers, Collections, credit, Late payments, receivables management, Trade credit, working capital
2 Comments
Intro to Working Capital Management
It seems like everyone is constantly talking about how important “working capital” is for your small business these days. The topic is everywhere: national TV commercials, morning radio shows, daily newspapers, your local bank branch and White House briefings. Even your … Continue reading
How to collect late payments
Here’s a typical story you can hear from almost any small business owner: the business opens up a credit line to a customer and decides to accept payment in 30 days. Customer buys something, promising to pay in one month. … Continue reading
Posted in How To
Tagged Accounts Receivable, Collections, Delinquency rates, Late payments, Small business, Trade credit
2 Comments