Episode Notes

Hey everybody, it's Gene Marks. Happy to have you here and welcome to another episode of the Hartford Small Biz Ahead podcast. Today I wanna talk about collecting money. Obviously, the economy is still a little bit slow. A lot of my clients are still running around battling to get money in from their customers in a short period of time. The average days outstanding according to some recent surveys, can range anywhere from 45 to 60 days on average. So, you're sending out an invoice and expecting payment in 30 days, and that's great but it's not the norm. A lot of people, particularly big companies, seem to take advantage even if they're smaller customers when it comes to paying invoices. So let me offer you five ways to help you increase your collections of your accounts receivables.

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