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Accounting and Budgeting

4 Posts tagged with the payment tag
Small business payment options: Smarter ways to get paid
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Posted by: SBOC Team, May 23, 2011

Small businesses have gone through quite an evolution when it comes to payment methods they accept. Gone is the cash-only small business. Even sandwich trucks and garment district clothing outlets have embraced the electronic age. Point-of-sale retail locations are increasingly moving toward the latest technologies that allow credit card readers to be plugged into smart phones. And, if you’re doing business on the Internet, online payments and shopping cart services have become de rigeur....
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Paper or Plastic
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Posted by: SBOCTeam-KhWmv, Oct 22, 2009

When should your small business choose cash versus credit? by Reed Richardson The statistics staring at budding entrepreneurs are ugly-nearly two out of three new businesses won't survive past six years. A lack of a rigorous business plan, insufficient marketing, and poor product quality can, among numerous other problems, contribute to this sobering reality, but foremost among the reasons for early failure is a rather mundane and oft overlooked difficulty-poor cash flow management....
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What’s the Best Way to Pay My Bills?
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Posted by: SBOCTeam-KhWmv, Dec 2, 2008

Part 1: Checks By Christopher Freeburn Paying the bills doesn't make anyone's list of favorite things to do. But, like it or not, bills come due and must be paid. No one knows that better than small business owners, who face a myriad of bills every month, ranging from office supplies and equipment leases to office rent, insurance, and marketing services. Small business owners not only have to pay their bills, but do so in a way that lets them best manage their company's cash flow,...
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Cash is King
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Posted by: SBOCTeam-KhWmv, Jul 29, 2007

Even successful small company can find itself in a cash crunch. Here’s how to keep the money flowing By Mike Robbins You’ve done the work, but when will you get the reward? If you don’t quickly collect the money your company is owed, you’re providing interest-free loans to your clients—and robbing your firm of the cash it needs to flourish. Unfortunately, collecting that cash isn’t always as easy as it should be. A 2006 VISA survey found that receiving and collecting payments is the cash...
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