The days when cash flows into my business bank account are days that I breathe easier. Sure, the money will go back out for payroll and to pay bills, but I hear a little “cha-ching” when I look at those deposits. Don’t all small business owners want to breathe easier? The more days we can feel like that, the better. So, it’s time to rock your cash flow. Here are 5 ways to get paid faster in 2017: #1: Require retainers and prepayments. Be bold. Make it your business policy to get paid upfront. If you are a service business, sell blocks of time. Clients must pay in advance of services delivered. Follow the lead of car rental companies and vacation services. To boost this idea , consider offering discounts, or priority service, for customers who prepay. Once you set your policy, there is no need to be aggressive […]
Top 5 Ways to Get Paid Faster in 2017
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