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Ten Tips To Improve Your Small Businesses Cash Flow
… Check client’s credit references and payment history. Always do your homework when dealing with a new business to ensure they have a good reputation for paying their receivables on time. A receivable won’t help your businesses cash flow, if it is never paid. 3. Offer clients incentives for early payments Every successful business is always actively looking for ways to save money. By offering your clients a 1-2% discount for payment within 15 days, it will improve your chances of receiving …