If you are in a #business that extends any form of credit read this paragraph every single day. Don’t confuse your personal needs with the needs of your business. You may want to be nice or help a friend or customer, DONT. Your company needs money the same way you need air and it is your responsibility to make sure that the cash flow stays positive. Overlapping and unpaid accounts receivable will paralyze your business. Collect your money—period! No exceptions, no excuses. If you can’t bring yourself to make the calls, then hire someone who will. Every unpaid account leaves your enterprise vulnerable and weak.
Posted on: Wed, 12 Mar 2014 13:00:43 +0000
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