Let the Cash Flow

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Let the Cash Flow

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Author: Simon J Littlewood

Type: PAPERBACK

ISBN: 9789814928298

Date: 28th October, 2021

Publisher: MARSHALL CAVENDISH BUSINESS

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  2. Business

Description

Having trouble chasing down invoices? Let the cash flow . . . 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!

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