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Top 10 Account Collection Mistakes It would be wonderful if everyone simply paid their invoices immediately. However, in business, you need to diligently collect and follow up on accounts. Here are some of the common mistakes that can slow down and hinder the process. View
Why Accept Credit Cards? With over ¾ of the American population using some form of plastic for regular purchases, businesses–especially online retailers–can’t afford not accept credit cards as a form of payment. View
What Information Should My Invoices Include? Your invoices may be the most important documents in your business; without them, you won't be paid. Your invoices should always include the following information: View
Collections: How to Get What's Coming to You Many entrepreneurs are challenged—even intimidated—by the prospect of collecting what is owed to them, partly because most don’t like being confrontational and partly because they are afraid to find out they’ve been had. In spite of this discomfort or fear, however, you... View
Getting Paid: The Waiting Game We all need to keep the cash flowing so we can run and grow our businesses. But, for many entrepreneurs, money is still hard to come by. And I don’t mean investment capital; it’s become a waiting game just to collect money that’s due us.  View
60-Second Guides: Collecting Payment In just 60-seconds, we’ll show you how to establish a sound and rational policy for collecting payments. View
How to Reduce the Cost of Bounced Checks The cost of bounced checks to small-business owners goes far beyond the penalty fees the banks charge for depositing bad checks. The time spent handling bounced checks and the havoc they wreak on cash flow are also part of the toll. View
Small Business Financials: Smart Ways to Get Paid Faster Imagine watching a split-screen of two plumbers going into separate homes in the same neighborhood to install hot water heaters. The jobs seem almost identical right up to the point of payment. The plumber on the left leaves after the work is done and sends an invoice about a week later. He... View