Practical steps to improve small-business cash flow

09/11/2009 | AccountingWEB

There are a few simple steps that can help business owners stay on top of cash flow, CPA Kathleen Orlando writes, starting with making sure the customer understands your terms of payment. "Use a contract or engagement letter whenever possible," she writes. "Confirm the order by telephone, email, or regular mail. Be sure that your payment terms are clearly stated."

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