5 ways to improve cash flow 1. Avoid being short of cash Keep a cash reserve, ideally three months’ worth of expenses on hand, for unforeseen expenses and emergencies. Consider establishing aline of credit, particularly if your industry is impacted by seasonality. ...
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one another. Keep your message concise and friendly, and give your customer the benefit of the doubt. You may want to consider offering alternative payment methods, such as credit card orPay Later options, in case the customer has trouble coming up with the full amount due in one lump sum...
Since some companies charge processing fees for credit card payments, Inman says you may be able to save money if you send bill payments from your checking account or have the company withdraw the money from your account directly. 2. Know your balance “Whether you’re setting alerts with a ...
Milligan goes on to highlight how several alternative investments outperformed stocks and bonds in 2022, a year that traditional investors want to keep in the rearview mirror: "Traditional stocks and bonds were both down double digits, but many hedge funds, private credit and commercial real estate...
Credit cards: When used responsibly, credit cards can be a viable option for funding a new business. It’s advisable to open a business credit card just for this purpose; ideally one with a 0% introductory APR period and a rewards structure so you can earn cash back, credit statements or...
On the fiscal side: Politicians and policy makers love to sprinkle it around. They get credit for “saving” the economy. They get to toss crumbs to their own constituents to keep those votes coming. It’s fun to be Santa Claus. But sometimes they don’t know when or how to stop, ev...
Are they having cash-flow problems? The SBA recommends getting a Dun & Bradstreet report on potential customers and asking them to fill out a credit application. You should also check references. Another option to extending store credit is to accept credit cards. This will cost you a percentage...
Understand the reason for the reversal:Was it a PayPal payment reversal, a chargeback through their credit card company, or another type of dispute? The reason will determine your next steps. Contact your payment provider:Reach out to your payment processor (for example PayPal or Stripe) to und...
credit card balances. The returns from investing in stocks are unlikely to outweigh the costs of high interest accumulating on these debts. Thus, scrutinize each of your debts similarly, weighing the interest payments against potential investment returns. Likely, your debts will have to come first....