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Sep 18

Benefits of projecting cash flow for your business

Cash flow is king in the business world, regardless of business type or size. While mastering a 100% accurate projection is near-to-impossible, knowing a ballpark of the money coming in and out will protect your business when preparing for slower quarters. Remember, a cash flow projection helps not only with the amount of cash a …

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Sep 03

The Bad Business Debt Timeline

When does a past-due payment turn into bad business debt? Is there a certain time to call in the experts? The golden rule for decreasing bad business debt is establishing credit and accounts receivable policies that align and sticking to them! Then, follow this timeline to getting your customers to pay!   Day 0 Send …

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Aug 27

Start the Morning Right: Success for Business

I’m convinced that about half of what separates the successful entrepreneurs from the non-successful ones is pure perseverance. – Steve Jobs Are you ready to lead your business to success? Rise and shine. Statistics show you should start your day early! Most executives wake up early because they are go-getters who want to begin the …

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Aug 19

Motivate your Customers to Pay On-Time

We often talk about how to overcome the non-paying customer that leads to bad business debt, but that does not mean that you should forget about your paying customers who do it right. Forget about them, and it could lead to early and prompt payment being more of an option than something they pride themselves …

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Aug 12

Prompt Payment through Contracts

No matter how well you know and trust a customer, adding a contract to a project can make the payment process less of a headache. Not only will a written and signed agreement define each party’s obligations and expectations for the service or product, but it will save time and money in the long run. …

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