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

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Intro to Working Capital Management

It seems like everyone is constantly talking about how important “working capital” is for your small business these days.┬áThe topic is everywhere: national TV commercials, morning radio shows, daily newspapers, your local bank branch and White House briefings. Even your … Continue reading

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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

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