Manage Cash Flow in Business

• Managing cash flow is absolutely necessary in all the business
• To encourage prompt payment, state payment due dates and sending overdue notices
• Check out if the payments to the suppliers can be extended
• Be organized about invoicing and collections
• Send the reminders to the customers from time to time
• Review the histories of credit customers regularly, if there is any slow payment of any customer change the credit terms or even eliminating credit entirely

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