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Payments & Collections

Recent Posts in Payments & Collections

What the Failed Deficit Deal Could Mean for Small Businesses

What the Failed Deficit Deal Could Mean for Small Businesses

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Failure to meet an agreement over reducing the nation's debts could trigger a spate of spending cuts that could carry implications for small businesses.
November 22, 2011 in Payments & Collections
Is Your Billing Process Delaying Payments?

Is Your Billing Process Delaying Payments?

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Four tips to better use your invoices to get paid faster.
November 7, 2011 in Payments & Collections
How Should I Offer Credit to Customers?Play Video

How Should I Offer Credit to Customers? (Video)

Mike Michalowicz, author of The Toilet Paper Entrepreneur, on when and how business owners should offer credit to customers. His advice: Start with small amounts to build a history and reward good behavior, but also enforce penalties on late payers.
October 5, 2011 in Offering Credit

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What New Debit-Card Fees Could Mean For Swipe Reform and Small Businesses

What New Debit-Card Fees Could Mean For Swipe Reform and Small Businesses

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As banks start charging customers who use debit cards, many owners are wondering how this might hit their wallets.
September 30, 2011 in Accepting Payments
How Can I Protect Against Late Payers and Get Paid Faster?Play Video

How Can I Protect Against Late Payers and Get Paid Faster? (Video)

Mike Michalowicz, author of The Toilet Paper Entrepreneur, explains the critical elements of an effective collections policy. He shares his best tips to make it clear and easier for clients to pay you faster. Part of our Coaches Corner series.
September 26, 2011 in Payments & Collections
Hate Making Collection Calls? How to Do Them Right

Hate Making Collection Calls? How to Do Them Right

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Since calling late-payers can be painful, make your effort to collect what you're owed as efficient and effective as possible. Here's how.
August 22, 2011 in Billing and Collections
How to Get Paid -- and Keep Your Customers

How to Get Paid -- and Keep Your Customers

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A payment plan might be your best option for keeping cash flowing, holding on to your customers and staying in business.
August 8, 2011 in Billing and Collections
Seven Ways to Skyrocket Your Small Business's Cash Flow

Seven Ways to Skyrocket Your Small Business's Cash Flow

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How can you escape the cash-flow trap? Here are some tips.
August 1, 2011 in Payments & Collections
Doxo Takes a Bite out of PayPal

Doxo Takes a Bite out of PayPal

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This startup helps small companies pay and get paid at half the price PayPal charges. But the service is still in its infancy.
July 22, 2011 in Payments & Collections
Fed Takes a Bite Out of Swipe Reform

Fed Takes a Bite Out of Swipe Reform

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The wait for the Fed's rules governing debit-card swipe fees is over. But many small businesses aren't happy about it.
June 29, 2011 in Payments & Collections
Swipe-Fee Relief: Will Your Business Really Save?

Swipe-Fee Relief: Will Your Business Really Save?

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Here are four ways big banks might change their practices in light of the new law that cuts what they can charge for debit-card purchases.
June 10, 2011 in Accepting Payments
How to Cut Transaction Costs on Customer Purchases

How to Cut Transaction Costs on Customer Purchases

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Tired of high credit-card processing fees? Here are three ways to save when accepting payments.
May 20, 2011 in Payments & Collections
How to Be Smart About Business Credit Cards

How to Be Smart About Business Credit Cards

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How to use credit cards to their fullest advantage--without getting buried in interest and debt
February 22, 2011 in Payments & Collections
How to Check a Customer's Credit Worthiness

How to Check a Customer's Credit Worthiness

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Know the risks and what to ask before extending credit to your customers.
February 22, 2011 in Payments & Collections
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