
Collection Strategies for Getting Paid on Time Running a business is a challenging prospect, add in the current economic environment and keeping your business afloat is harder than ever. As we all know, a huge aspect of having a healthy company is cash flow. In fact, 82 percent of small business failures stem from poor cash-flow management. We often need to slow down, review our agreements and procedures to fully realize our business potential. By implementing a good collections strategy, you can not only improve the likelihood that you will get paid on time, you will also give your business
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