Every business has bills to pay. And if you extend credit to your customers, you could be at a bigger risk in making sure your bills get paid. That means you need to have a credit policy (pdf) in place and you need to make sure you monitor your customers’ credit on a regular basis. [Read more...]
Last time I checked, the telephone was a good way to further a connection with someone you wanted to explore a business relationship with before meeting them in person. It’s also a good way to dig into what each of you might be looking for and to find common ground.
That’s why I have been totally flabbergasted lately about some contacts I’ve had. Two people (that I don’t know well), in as many weeks, have contacted me via LinkedIn and asked to connect in person. I’m absolutely okay with the contact — that’s what social networks are about and how I’ve developed some long lasting business relationships with people around the world. [Read more...]
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I have been so lucky to have fabulous fans around the world who have gotten a copy of my book Small Business Cash Flow and put the cash flow tips into practice in their business.
But it dawned on me that I had no clue who many of those people were. I wanted to hear their stories and see how their businesses are faring during the economic crunch. And I wanted to know if the book helped them out.
So I decided to have a contest where people could post their pictures or videos on the Small Business Cash Flow fan page on FaceBook. And I’d love for you to participate. [Read more...]
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