Customer non-payment is becoming an issue. People owe us money and I want to get paid! We were busy last quarter and we didn’t stay on top of collections. Now even current clients are slowing down payments. I’m starting...
Ask Andi: I thought we’d improve cash flow this month. But we’re still playing catch up on last month’s billing. It seems like we’re always late getting our invoices out the door to customers, and then it takes clients forever...
Ask Andi: We have an unusually high amount of business write-offs. It's been increasing with the small accounts, where we used to get paid 100%. We've always had some amount of write-offs with our bigger clients. Every time we give...
Ask Andi: We need tough revenue measures. We can't live on 60-90 day payments. Clients delay paying. Vendors ask for immediate payment. Employees won't push customers for payment but expect their paychecks on time. Those are two double standards I'd...