Accounts Receivables

5 ways to build cash flow by end of year

Improving cash flow should be a year-round process for your organization. Looking at the backbone of your business should not happen once a year. It should always be a top priority when running a business of any size.

That being said, when we get towards the end of the year, it does provide a business with an opportunity to take a deeper look at the health of the business and ways to improve cash flow before the start of a new year. If your business does have any challenges with cash flow, you’ll want to correct those before you start off the new year.

You don’t want to start next year off in a negative cash flow […]

2021-10-29T08:33:54-04:00November 1st, 2021|Categories: Accounts Receivables, Advice for Businesses|

Is your business making these 4 cash flow mistakes?

Cash flow is king when it comes to sustaining your business long-term. And it doesn’t matter if you are running a small business or a nationwide organization, cash flow is the backbone of any size company. If you’re not paying close attention to the status of your cash flow, you could find your business with a financial challenge very quickly.

As a collection agency working with all sizes of organizations and their accounts receivable management, we are often asked to take a look at how our team can improve the cash flow of our clients. When we start out, we offer an initial assessment of what we see and that conversation sometimes leads to us […]

2021-10-29T08:34:12-04:00October 29th, 2021|Categories: Accounts Receivables|

How to manage your small business accounts receivables like the pros

Just because you’re managing and operating a small business doesn’t mean you need to act small. And that has never been truer than in the case of accounting, tracking the money that goes in and out of your business, and detailing exactly what your customers owe you.

Gone are the days of verbal commitments and writing orders and changes on pieces of scrap paper. And if your business is guilty of these or any other older and simplistic tactics to run your business, we have a few pieces of advice for you to make sure you can improve your cash flow and get paid for exactly what you’ve done. And keep track of it all in […]

2021-10-01T10:42:20-04:00September 22nd, 2021|Categories: Accounts Receivables|
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