Ways to Fight Economic BS --Morgan
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Review your accounts receivable. Cash flow is key in this unstable market. Do you have customers who take more than 90 days to pay their bills? Now is the time to be more discriminative in which jobs you accept. Be wary of clients who already have a slow payment policy, as this could even cause more problems with your cash flow. Also find out if offering discounts as incentives will help them pay faster, and keep you solvent.
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- Companies:
- Eastman Kodak
- Transcontinental Inc.
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