Description

Any business that allows their customers credit terms will invariably run into late or non-payments. This affects cash flow and business viability. However, as the authors show, customers that are solvent will pay some suppliers every month, even if they don't pay everyone. So how do you ensure you are 'first in line' to get paid? This book examines the strategies that work – and those that don't. The authors introduce a simple but highly effective model, the Virtuous Revenue Cycle, that shows readers how to cultivate business relationships that keep the cash flowing. The strategies are highly practical, down to advice on just how to phrase those tricky emails reminding customers to pay up!

Let the Cash Flow: A practical guide to getting paid on time by your customers

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Paperback / softback by Simon J. Littlewood , Mark Laudi

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Short Description:

Any business that allows their customers credit terms will invariably run into late or non-payments. This affects cash flow and... Read more

    Publisher: Marshall Cavendish International (Asia) Pte Ltd
    Publication Date: 15/10/2021
    ISBN13: 9789814928298, 978-9814928298
    ISBN10: 9814928291

    Number of Pages: 192

    Non Fiction , Business, Finance & Law

    Description

    Any business that allows their customers credit terms will invariably run into late or non-payments. This affects cash flow and business viability. However, as the authors show, customers that are solvent will pay some suppliers every month, even if they don't pay everyone. So how do you ensure you are 'first in line' to get paid? This book examines the strategies that work – and those that don't. The authors introduce a simple but highly effective model, the Virtuous Revenue Cycle, that shows readers how to cultivate business relationships that keep the cash flowing. The strategies are highly practical, down to advice on just how to phrase those tricky emails reminding customers to pay up!

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