At a glance Providing advance notice before commencing debt collection procedures can be immensely beneficial for businesses. Advance notice shows customers that you value transparency and fairness, which can help build trust between your business and its clients. It gives customers an opportunity to address their debts proactively, potentially avoiding the need for aggressive debt […]
Continue readingHow Can Small Businesses Utilise Promised Payment Dates Effectively?
At a glance Promised payment dates provide small businesses with a powerful tool to streamline financial operations and maintain a healthy cash flow. Ways to implement clear and agreed-upon payment dates to foster trust, accountability, and stronger client relationships. The benefits of promised payment dates include improved cash flow, enhanced financial stability, and reduced instances […]
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