There’s a golden rule in business you’d be smart to learn now: No matter how much you sell, if you don’t collect the money, you’re going to go out of business.
As business owners, we often get so wrapped up in selling our products and services that we forget to take the time to ensure we’re managing our cash flow and receiving the money for those sales. But when it comes to your bottom line, you’d be wrong to simply focus on total sales dollars: You also need to focus on the cash collection of those sales.
To help get that money in the door, Pam Newman gives 7 tips for improving your cash flow…
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