B2B Collections Core Essentials Part 2: Establishing Accounts Receivable Policies
With your basic foundation set with a structured and well organized accounts receivable system, now it’s time to make sure you have strong accounts receivable
With your basic foundation set with a structured and well organized accounts receivable system, now it’s time to make sure you have strong accounts receivable
Over the past several months we’ve written extensively on four key areas of business-to-business debt collection: accounts receivable management, maintaining cash flow, performing collections, and
If your own efforts at communication fail to achieve results, hire an attorney who specializes in collections to send letters, emails, or even make calls
In our previous two articles we discussed the importance of communication in pursuing collections, as well as when you should hire a collections attorney. In
The general theme of our past three articles has been “proactivity” in performing collections. In this article we’ll wrap up this theme by presenting a
Fundamentally, performing collections is an undertaking in communication. And when it comes to collections, how you communicate can either open avenues that encourage prompt payment,
Short term business loan Sometimes it’s necessary to take out a short term business loan in order to cover short term cash flow problems. Equity
Part of setting yourself up for success with healthy cash flow requires establishing firm credit policies… and practicing them proactively and consistently. Before you offer
You can do much to increase your cash flow by reexamining your billing, collections, and payables systems and performing necessary changes (both in attitude and
Cash flow is the lifeblood of every business, and it’s generated by product sales, accounts receivables collections, and the sales of assets. And the goal