Tag Archives: receivables

Credit Bureaus: Friend or Foe?

Extending credit to customers is an intelligent business process that can be immeasurably valuable in gaining customer loyalty. However, if not done both carefully and thoughtfully, it can become one of the most damaging practices in business. Previously, we worked through the process of … Continue reading

Posted in Education | Tagged , , , , , , , , , , , , | 1 Comment

Win Over Your Customers with Online Payments

Nearly 50% of U.S. small businesses send at least five invoices a day and still, somehow, unpaid receivables remain a chronic disease for small businesses.             A survey by Aite Group revealed that over 50% of small businesses (or 1 in every … Continue reading

Posted in How To | Tagged , , , , , , , | Leave a comment

5 reasons why customers pay late and what to do in each case

Next time you call a customer to follow-up on an invoice, it is important you know how to sift through the excuses they usually give over the phone or in an email. Unless you know the precise reason why they … Continue reading

Posted in Trends | Tagged , , , , , | 4 Comments

Stop Asking the Government to Find You Capital. Here is a Better Guide.

Let’s suppose that we have arranged a 15-minute interview between just you (a small business owner) and President Obama (and maybe a couple of secret service agents…). Assume that the first 5 minutes of the interview revolves around EVERYTHING non-business … Continue reading

Posted in Education | Tagged , , , , , , , | 2 Comments

Beat Your Competition In 30 days. Here is How:

What metric should you use to compare your business to your competition? There may be hundreds, maybe thousands of companies going after the same customers. Your product offerings, however, may be vastly different. You may not need as much marketing … Continue reading

Posted in How To | Tagged , , , , , , | Leave a comment