Let The Cash Flow: A practical guide to getting paid on time by your customers

Download or read book Let The Cash Flow: A practical guide to getting paid on time by your customers written by Simon J. Littlewood and published by Marshall Cavendish International Asia Pte Ltd. This book was released on 2021-04-15 with total page 217 pages. Available in PDF, EPUB and Kindle. Book excerpt: Any business that allows their customers credit terms will invariably run into late or non-payments. This affects cash flow and business viability. However, as the authors show, customers that are solvent will pay some suppliers every month, even if they don't pay everyone. So how do you ensure you are "first in line" to get paid? This book examines the strategies that work – and those that don't. The authors introduce a simple but highly effective model, the Virtuous Revenue Cycle, that shows readers how to cultivate business relationships that keep the cash flowing. The strategies are highly practical, down to advice on just how to phrase those tricky emails reminding customers to pay up!