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Bigger. Better. Faster. Fewer Ulcers.
145 hits
Jan 06, 2004 12:35 pm |
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re: One thing I'd like to eliminate |
Michelle C
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I second that motion... collections is a huge burden on a sole proprieter.
Have a great day ladies and gentlemen! Michelle
> Scott Allen wrote: > Collections. No matter how you cut it, in a one-to-one service business like mine, it puts a strain on the relationship (assuming you want to keep it). > >And being a sole practitioner, just starting a whole new business, cash flow is critical for me. I'm not in the business of lending money. > >I get my wife to help with it, so it's not really just about the time spent on it, but I still think the ultimate solution is just only to do business with people who can pay a substantial portion (30-50%, or even 100%, depending) up front. I don't have that much business yet that I can turn people away, but that's the point I'd like to get to. > >Either that, or get to the point that the cash flow's not an issue, and they can just pay me when they can pay me! :-) > >- Scott - Private Reply to Michelle C (new win) |
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