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Make Sure You Get Paid - Positive Cash Flow Keeps Your Busin

Author: Adonis Source: Unknown Click: times
You are in business. You are not a charity. You want to get paid for providing a good rivet tools quality product or service. Not only do you want to get paid for providing good products or services, but you also want to ensure that you get paid what you are owed in a timely manner. Unfortunately not everyone pays in as timely a manner as possible.
In these hair salon equipment tough economic times, it is important to ensure that you do get paid in a timely manner. Otherwise you may run in to cash flow problems and find yourself in trouble.To make sure that you get paid in a timely manner you may want to consider:
Ensuring that you have watertight contracts- As much as it would be better if we could all just work on a verbal agreement and a handshake, business does not work that way. You need to ensure that you have watertight nail supplies paperwork to ensure that you have recourse should you not be paid. Otherwise you may struggle to get paid if there were an issue.
Consider taking deposits upfront- Another option to consider is taking deposits before you deliver your product or service. That way, even if you do not get paid the full amount for your product or service, at least you have some money and you are not completely hardware accessories out of pocket.
Consider not offering beauty products credit to your customers- Another option is to not offer credit at all. In some industries, it may be perfectly viable to ensure that you receive full payment for your product or service upfront- salon equipment that way you know you are going to get your money.
If you want to stay in business, you need to ensure you get paid by your customers. Make sure that you have tight contracts and that you either take deposits or full payment upfront.
Hamish Jones is the founder of Best Business Deals, providing you the best deals in telecommunications, travel and business marketing.
If you want to cut your costs or grow your business, contact him here.
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