• 203-441-5834
    • Contact
    • Subscribe
    • Course Login

GrowthCast

Making Cash Flow

Let’s talk about your business

Contact Us for a Free Consultation
  • Home
  • CFO Solutions
    • Initial Consultation
    • The Profit Map™
    • The Profit Plan™
    • CFO VIP
  • Fiscal Fitness Bootcamp
  • About GrowthCast
    • Judi Otton
    • Speaking Engagements
  • Blog
    • 203-441-5834
    • Contact
    • Subscribe
    • Course Login

Are slow collections killing your business?

June 22, 2014 by Judi Otton Leave a Comment

Are slow collections killing your business?

I talk to so many business owners that are frustrated by clients that don’t pay or don’t pay on time. If cash is the lifeblood of our business, slow collections are killing us!

Well there are some things you can do about it.

Obviously, provide a great product or service and do what you’ve promised. But in addition to that, this article provides some great tips.

The one thing I’d add is have a system in place so you can see a cash flow crisis before it is upon you. If you know that you’re absolutely counting on a payment for something, get in front of it, contact the client, make sure they’re happy, have got the invoice and are going to be paying it when it’s due. Sometimes just having the expectation in place is enough to avoid a problem.

Slow Collections is a topic that comes up frequently. I’m going to be writing more. Do you have any specific questions?

Filed Under: Articles Tagged With: Cash Flow

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recent Posts

  • Team Talk: The Smart Financials of Investing in Your People
  • Team Talk: The Smart Financials of Investing in Your People
  • It Was the Best of Times. It Was the Worst of Times. Budget Now. No Matter What.
  • Becoming One with Your Customers – A 2-Part Series
  • Becoming One with Your Customers – A 2-Part Series

Categories

  • Articles
  • Guest Spots
  • Infographics
  • Offer
  • Product
  • Profit Drains
  • Uncategorized
  • Video

© 2019 · GrowthCast LLC

Web Design by Chroma Sites - Westport, CT