Protecting Your Business, and Your Bank Account, in Case Clients Don’t Pay (Published 2016)
Paul Sullivannytimes.com
Protecting Your Business, and Your Bank Account, in Case Clients Don’t Pay (Published 2016)
Some people think I’m reckless for never buying travel insurance, but I’ve got a good reason: My credit card’s already got me covered. Many credit cards automatically carry travel protections at no cost, as long as you use the card to pay for your flight. The specifics will vary by card, but they often include compensation for flight delays or canc
... See moreThis line item becomes especially important for companies in financial distress because the entire amount often has to be paid back quickly.
Receivables. Nothing is more insidious than not collecting the cash that customers owe you.
Communicate payable policies for the business in writing on all contracts and invoices.