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The Importance of a Strong Contract
“My customer won’t pay my final bill for the labor and materials I put into this project”.
"My customer asked me to do all kinds of little extras. They add up. I suggested that we do a change order, but my customer told me not to worry about it. We could square it away later."
Sound familiar?
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Collections – Are You Contributing To Your Own Problem?
For the small to medium size business, cash flow is one of the single most important factors in building a successful enterprise. Increasing sales is important, but a business can’t pay its employees or its rent with sales figures. Customers have to pay invoices in a timely manner for sales figures to be meaningful. When a customer doesn’t pay an invoice on time, your business is acting as a bank, financing your customer’s business or personal budget – and it’s often a no-interest loan.
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