Your business has strong cash flow, a strong balance sheet, and strong contracts from customers ensuring a solid future, do you still need to worry about establishing and maintaining good business credit? In short, yes. Credit is used for more than simply applying for a loan or credit line, many vendors and prospective customers in a […]
Getting Paid: 4 Effective Collection Strategies
You’re already having success finding work, but you’re finding the back-office and bill collection on loads delivered is taking too long or your communicating with the customer only after the bill is past due. At that point, cash flow is non-existent and you’re either dipping into your reserves, borrowing for operating expenses, or even worse, […]