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4 Strategies for Getting Paid Faster The Money Guy has tips for shrinking the window of time between mailing an invoice and receiving some income.

By Joe Worth

This story appears in the February 2015 issue of Entrepreneur. Subscribe »

REUTERS | Mike Segar

Q: How can I get customers to pay faster?

A: I know it's no fun managing the weeks or even months that pass between moving your product out the door and waiting for your customers to pay you. To help shrink that window of time, try these strategies that I've collected and refined over the course of my career.

Much of this is common sense, but since no two companies' billing and payment structures are exactly alike, confusion often reigns. And where there's confusion, the customer finds an excuse not to pay.

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