It might seem a bizarre question. But if you’re a small to medium business owner who operates a line of credit to meet your financial commitments because your debtors don’t pay you on time, your customers are killing your cashflow.

Let me start by asking you this. Do you trust someone when you catch them out being dishonest? Generally, the answer is no, especially when it’s a business relationship or transaction.

Google ‘how to get paid faster’ and you’ll find list after list of tips and tricks to improve your collections process.

Tip 3: Keep your AP Days shorter than AR Days. If you must sell on credit, make sure that the time it takes to get paid

It’s All About Respect - Money is a difficult topic to discuss. We are a society conditioned to believe that it is rude to talk about money, especially asking for it.

Tip 1: Beware of becoming a banker.