Optimizing Cash Flow for Small Business #5 Accounts Receivable Problems
Intro: Cash Flow Cycle Explained | 1. Onboarding | 2. Invoicing | 3. Vendors | 4. Metrics | 5. Accounts Receivable Problems
Welcome back to Optimizing Cashflow, I’m David Worrell from Fuse Financial Partners. This is part five, where we talk about problems with your accounts receivable. Every company is going to eventually have a client who doesn’t pay. What you do about it is very important. It’s going to determine whether you ever get any money out of the customer or not.
Let’s talk about the the keys to solving problem accounts receivable. That would be communication, commitment and collections.
