Tag Archives: business expenses

Behind in payments? Pay everybody a little

If you’re having a legitimate cash flow problem, without enough cash in hand to keep up with bills from your suppliers, you can get those overdue debts off your back — temporarily — by using what cash you do have … Continue reading

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Take good care of your best customers

The often-referred-to “20/80 rule” is especially important when you’re reviewing your customer list. If your business is like most others, 20 percent of your customers account for 80 percent of your business. And it’s likely that the 20 percent who … Continue reading

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Be picky about extending credit

Depending upon your business, chances are you have to extend credit to customers. Which means you have to send out invoices to get paid, then rely upon customers to pay in a timely way. Make sure your credit customers understand … Continue reading

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