5 Questions to Ask About Your Payment Collection Process As the Economy Opens Up Give your business a post-crisis purchasing checkup and watch your bottom line benefit.
By John Boitnott Edited by Jessica Thomas
Opinions expressed by Entrepreneur contributors are their own.
The ongoing health crisis forced most businesses and entrepreneurs into making adjustments of all sizes. This involved minor tweaks in daily operations to wholesale pivots. One of the areas in which many businesses had to shift focus and add some flexibility is payment collection and processing.
How your company gets paid is essential to its continued growth and success. Thankfully, the economy is opening back up in many places. That presents a terrific opportunity for entrepreneurs willing to take a good long look at their payment collection practices and ask a simple question.
How can you build on the momentum and cater to your customers in ways that keep them coming back in the future?
The rest of this article is locked.
Join Entrepreneur+ today for access.
Already have an account? Sign In