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Ways To Manage Your Customer Payments
Unless you have an established accounts department, a challenge for some businesses is how to manage customer payments. It is easy to forget to send invoices or chase payments and this can be catastrophic for cash flow. So to avoid getting into problems here are some ways to manage customer payments. Keep on top of…
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Ways To Avoid Payment Problems With New Customers
Extending credit is a good way to win customers and help them spread the cost but it can open up a whole new set of problems actually getting the money in. Also confusion over when payments will be made by new customers can be worrying for many businesses who set out to offering their customers…
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3 Ways To Handle Late Paying Customers
Late paying customers can be a major problem for your business so it is important to let them know as soon as possible if they seem to be overstepping the mark on paying you what is owed. With this in mind here are our top three ways to handle late paying customers before the problem…
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How To Avoid Debt Having An Impact On Cash Flow
It’s easy to get lulled into a false sense of security with your customers – your best ones in particular. But if you don’t keep an eye on their payments it could be a disaster for your cash flow and in some cases it can spoil the relationship you have with your customers. Often in…
