Slacking customers are inevitable when it comes to business. It is extremely irritatin to see outstanding invoices when you know that they had to be paid months ago. It is vital for the business to maintain a healthy and steady cash flow in order to continue development and growth. However, the idea of this post is to teach you how to handle this on a professional level without panic and retrieve all of your outstanding invoices up to date.Side Effects of the Late Payments
Just before you start your business everyone else would probably think that late payments might not be an issue. This might not be an issue for really small business just starting and trying to [...]
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A handshake might have sufficed in the Wild West, but it’s not sufficient for conducting business in the modern arena. The essence of any business is its customers and if you are a small business then your future growth is entirely dependent on your customers. One of the most important forms of business documentation is the invoice, which the seller issues to the buyer to provide details of a good or service the seller has provided.
The invoicing process can be simplified through by going [...]