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16 August 2009 0 Comments

Going to Small Claims Court to Recover Outstanding Business Debt

If you are thinking about going to small claims court to recover an outstanding debt owed to your small business, you may want to think again. The point of small claims court is that it gives the involved parties a chance to settle disputes while avoiding any more expensive and complicated court procedures later on. [...]

19 May 2009 0 Comments

In Trying Times, Smaller Businesses Are Considering Credit Insurance

It used to be that credit insurance was exclusive to the large companies that could afford to pay the high premiums in exchange for a bit of financial peace of mind. Not any more. In response to the economic slowdown and an across-the-board reduction in consumer spending, now even small and mid-sized businesses are considering [...]

19 September 2007 0 Comments

Cash Flow Tip – Business Cycle Coordination

One of the most important steps in attempting to calculate cash flow is breaking your business down into cycles.  Some examples of business cycles are:  inventory cycle, accounts payable cycle, sales cycle, and accounts receivable cycle. 
The key to smooth cash flow is to coordinate these cycles as much as possible with one another. Unfortunately for many [...]

12 September 2007 0 Comments

Small Business Collections – 6 Tips

The most frustrating thing about running a small business is EVERYTHING that is out of your control.  One of these things is when your customers don’t pay you.  Here are some tips on collecting that money which is owed you already, and which you need NOW.  While you are waiting for your money, if you [...]

5 September 2007 0 Comments

Improve Cash Flow: 8 ways to Getting Receivables Sooner

Our customers come to us when they are in a cash flow crunch.  Many of them are running very successful businesses, only the timing of their payables and Receivables is simply a bit out of sync. 
Here are 8 things you can do to shorten the time between when your customer wants something, and when you [...]