Business & Money — A Few Tips

Cashflow increasing takes planning and identifying areas needing improvement. Make sure you are marketing and selling regularly. Keep your bookkeeping up to date. That way you can catch slow paying clients early. You can better plan for major purchases. Cloud based bookkeeping is more efficient since you can access your financial records from anywhere. You can also upload recipts and mileage into cloud your based acoount with the right software.

Get paid faster by requesting up-front payments or higher deposits. Give customers a small discount for paying earlier, such as 15 days earlier. You can charge a penalty or added interest for paying late. Have a process for billing the clients , receiving payment and collection.

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If you have questions about bookkeeping or running a business more effectively and profitably, contact us. We would love to hear from you.