Bailout: Are Accounts Receivable Sinking Your Profitability?
NCBA Law Practice Management Blog
MAY 5, 2024
Accounts receivable end up counting against your profitability, because these reduce the amount of gross revenue you collect = the top line for your profit margin. So, the more you collect : the more you make. At that point, you can refer that person to collections, if you’re willing to pay for and utilize a service like that.
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