Sun.Sep 27, 2020

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What are the best ways to get customers to pay on time?

American Profit Recovery

There are not many factors that control the cash flow of a business more than customers and the time frame in which they pay for products or services. In short, customers pay late, cash flow suffers. Customers pay on time, resulting in positive cashflow. When it comes to accounts receivables, it’s that simple. However, we are not living in an ideal world and for many in business, chasing down payments is just part of running a business.

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Business Debt Collection Laws and their Connection to Commercial Debt

Debt RR

Running a business involves the provision of goods or services in exchange for payment. In a perfect world, this exchange should be seamless. However, we are not in a perfect world, and sometimes clients may fall back on their payments. Unfortunately, this tends to strain your business operations. The good news is that it is your right to collect on debts as long as you follow the right legal procedures.