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Do I need a collections agency?

Hiring a collections agency can be a tricky matter. From finding the right firm to making sure you’re placing an account with them at the right time, involving a collections agency in your business is serious stuff. As a small business that leases products or offers payment plans for purchasing, […]

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Why can’t cashflow be a Queen?

Nowadays, cash is king. Letting it slip away is potentially terminal, especially a small or medium sized business. Getting a picture of your company’s working capital can provide excellent insight into how well it handles its cash – and whether it’s likely to have any. The better your company manages […]

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Capital ideas

The following are some actions you can take to manage your working capital: Manage your debtors Collections Have a system for collecting from debtors that includes letters, scripts for phone calls, reminders to follow up etc Be prompt in your follow up of customer payments Request customer deposits Invoices Issue […]

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