Small Business Owners Can Improve Their Chances of Collecting on Invoices
By Suzanne Kearns

Business owners are struggling enough in this weak economy, but when you add stagnant accounts receivables to the mix, it can make for some pretty tough financial times. According to a recent Dunn & Bradstreet report, small business owners are having to wait longer to get paid 20 percent more of the time than they were last year. In addition, there have many more business failures, and experts chalk that up to the difficulty that small businesses are having collecting on their past due accounts. Luckily, there are ways that small business owners can improve their chances of collecting on those invoices.

Clear Financial Policies Keep Customers Coming Back!
By Rhonda R. Savage, DDS

It’s true: People who owe you money do not like you! They feel guilty if they’re late with a payment and burdened that they’ve procrastinated. They know it’s not your fault, but they feel pressured and unhappy. Today, clients are more stressed than ever before about finances. Your customer can be extremely upset if he or she receives a financial surprise.

Take Charge of Your Business Borrowing Future

By Kenneth P. Easton, Jr.

Part I (see side bar) of the “Six Rules” article, which was published in the December 2009 issue of Home Business® Magazine, presented the first three rules (see the digital edition). The article conceded that absolute “rules” for business borrowing, while interesting concepts, may be rather impractical. “Rules” are however, in this case, proven exercises that produce preferred results!

When Times Get Tough, Receivables Get Tougher To Collect
By Richard J. Maturi

With the current economic crisis, are your customers stretching out their payments or disappearing without paying off their debt to you?

A New Business Will Collapse Quickly Without Sound Collections
By Christopher J. Bachler

Some of your customers will be slow or even unwilling to pay.

Compare Opening Your Own Merchant Account versus Going with a Third Party
By Andrew Lax

If you are in business selling some kind of product or service, then you should be offering customers the convenience of paying by credit cards. Business establishments that provide you with the capability of offering credit service to your customers are called Merchant Account Providers, of which there are two categories:

It’s Time to Manage Your Business Credit