Requesting payment
July 17, 2023
Requesting payment of overdue accounts in an economic slowdown
Cash has always been king but it’s even more important during these times of economic slowdown. The slower the economy, the less cash is available in businesses, and the more likely it will be for some customers to be unable to pay. To protect your business and minimi...
Happy Customers
Statistics show that it's six times easier and cheaper to make a sale to an existing customer than it is to a new one. Happier customers come back more, spend more money and, most importantly, talk to others.
And yet, so many businesses seem focused on getting more customers...
TAGS
ManagementPlanningcashflowBusiness AdviceBusiness PlanProfitAccountabilityForecastforecastingGoalsGrowthImprovementtaxEfficiencyTimeBusiness TipsDecisionsSuccesstax planningAppsAutomationCoachingCustomersDividendsMindsetP&LResultsSEISSSystemsworkingcapital#change#plan#purposeaccountingAccountsAchieveActionadminBalance Sheetbasis periodBBLS ExtensionbouncebackBudget 2021Budget 2022Budgetsbusiness coachBuyCarChangeControlDebtorsDeferred TaxesDelegationDownsizingEconomicsEquipmentEUVATfamilyFinancial awarenessFirst stepsFive A'sFocusFreedomfundingFutureGrowHabitsHowIllegalInflationIOSSJob Retention BonusJob Support SchemeLeaselockupManagement ReportingmeetingmindfulnessMoneynationalinsurancePaymentPeoplePersonalBudgetProductivityProjectsRecessionRemunerationReportingReportsSalarySaleableSanityScalableSelf Employed Income Support GrantSevenWayssmall businessstrategicStrategySupportTechnologyTimetoPayTipsValueVATwellbeingwinter economy planYear End