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The very idea of owing money, especially large amounts, makes many people feel anxious and even frightened. But an experienced entrepreneur understands that debt is a natural part of conducting business. Every company out there today will have some form of financial obligation. Many businesses even deal with multiple debts at a given period of
At first glance, a Terms and Conditions document does not seem all that impressive. It does not evoke the same level of attention and respect from clients that a contract or an invoice usually does. Many people skip over the T&Cs section of an agreement without ever reading it. Because of this business owners tend
A steady, positive cash flow is crucial to the success of any business, especially one that’s still small and starting out. But to maintain this, you need to make sure you always get paid for the products and services you provide. This is where debt collection comes in. Small business owners might balk at the
Preferential payment claims happen all the time and if your company is the subject of one, it can cause a huge disruption in your cash flow. After all, it’s frustrating to think that the money you received—which is rightfully yours and is done in payment for a service or product you provided—can just be seized
The invoice is among the most important documents that your business will send out. It’s the key to making sure you get paid at the right time, in the right way, and with the right amount. Because of this, it’s crucial to choose the right format for your business invoice. Must-Haves of an Effective Business
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