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Past Due and Cash Flow

May 16, 2014 by  
Filed under Blog

It takes a special kind person to run a business especially when it comes to your accounts receivables. Not everyone is cut out to collect money and deal with the confrontation and emotions of clients that are natural to dealing with people’s finances. For those in business, the reality of past due accounts and chasing money is all too familiar. Most every company has past due accounts. It’s the very nature of many businesses and if it’s not dealt with properly, it can become your biggest nightmare. The reality is that many companies do not know the proper ways to be effective and that can cause great distress. This is not to say they are not good business people, they are just not as effective in this vital area. The result is lost revenue, frustration and even affects customer retention.

While many customers pay on time, it’s those who do not pay on time that can make or break your cash flow. I have seen companies in the brink of going out of business finally turn to us for help and experience life changing assistance. When I work with companies and see the reaction of business owners when there is improved cash flow, it’s a great experience. When business owners finally listen and implement proven strategies, they see a significant progress. The hardest part is convincing them there is a better way because most business owners do not understand the “laws” of accounts receivable and continue to lose revenue every day.

CJM Billing Solutions, Inc. has seen great success working with small businesses and can tackle virtually every situation. Since 1989 CJM has implemented proven methods to increase cash flow and increase revenue for a multitude of companies ranging from small business to fortune 500 companies. The days of waiting too long for payment is over with CJM Billing Solutions, Inc and the Top 10 Billing Secrets.

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