Three ways to get your customers to pay faster

Article Abstract:

Three techniques are presented for helping the business owner improve collection from customers. These are processing the invoices faster, introducing early payment discounts and requiring a specific date on which a delinquent customer will have to pay. Other suggestions for preventing cash flow problems include getting to know the customer, writing down the company's policies and guidelines on providing credit, investigating the credit of each possible client and settling disputes with customers as soon as possible.

Credit Collection Techniques, Business enterprises, Collection (Accounting)

---

Keeping your customers satisfied

Article Abstract:

A company should expect some dissatisfied customers. Complaints that are handled incorrectly can cause customers to be lost to competitors. Customer complaints can provide a means for turning those with grievances into loyal consumers. A company should show its concern and care for its customers by establishing a program for handling complaints staffed with persons who recognize problems and act tactfully and expeditiously.

Methods, Customer service, Consumer confidence, Consumer complaints

---

Similar abstracts:

• Abstracts: How to Protect Your Company When Firing Employees or Executives. The correct way to reimburse employees, sales reps and independent contractors
• Abstracts: How to value the equity in your business. How to calculate values and after-financing ownership position. Equity kickers: how to sweeten a financing
• Abstracts: Smart ideas for you, your family, your business. Family eFUNEding: wedding
• Abstracts: Performance measurement without benchmarks: an examination of mutual fund returns. Simple formulas help make investment timing decisions

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.