Getting Paid For Dummies
Description
Your indispensable guide to getting paid on time
Want to change the way you work to improve operational efficiency and reduce business risk? This book can help. Find out why getting paid on time is important, not only for paying the bills, but also to help build a stronger business for the future.
Packed with concise and effective tips, Getting Paid For Dummies is your one-stop shop to enable you to improve your cashflow and get your finances in order.
It's all about the money – discover simple but effective tips for keeping the financial wheels in motion
Know your limits – understand and make the most of credit limits
Getting serious – know when and how to take legal action
Digging deeper – find the best online resources to help you
Open the book and find:
How to set credit limits with your customers
Tips for stopping late payments in their tracks
The right professionals to contact for help
The rules and regulations you need to know
How to improve your credit rating
More details
Content
- Getting Paid For Dummies®
- Introduction
- About This Book
- Foolish Assumptions
- How This Book is Organised
- Icons Used in This Book
- Where to Go from Here
- Part I: Why Getting Paid on Time Is Important
- Keeping the Cash Moving
- Maintaining Good Credit
- Being as Efficient as Possible
- Maintaining Cash Reserves
- Using Money to Build Money
- Avoiding a Ripple Effect in the Payment Chain
- Looking at Legislation and Regulation
- Part II: Establishing the Ground Rules
- Getting to Know Your Customers
- Benefitting from Credit Reports
- Part III: Ensuring Payment
- Preparing for Billing Success
- Anticipating Problems
- Chasing Debts at Year End
- Part IV: Taking Action When You Don't Get Paid
- Keeping Channels Open
- Being Persistent
- Enforcing Stringent Timescales
- Following Through on Threats
- Taking Legal Action
- Part V: Ten Great Resources
