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How to Calculate Accounts Receivable Turnover Ratio

By |2018-06-02T20:36:57-07:00March 4th, 2016|Startup Advice|

How to Calculate Accounts Receivable Turnover Ratio Windfall profits but no cash in the bank? Your accounts receivable may be the culprit. Today, I'm going to show you how to the calculate accounts receivable turnover ratio and also talk about solutions if yours is too high. Accounts Receivable (A/R) Before going into calculations and such, [...]

Shortening Payment Time with Accounts Receivable Factoring

By |2018-06-02T20:39:50-07:00February 21st, 2016|Grow Your Business|

Shortening Payment Time with Accounts Receivable Factoring In my last post, I talked about the nightmares managing accounts receivables can bring you. Today, I want to talk solutions, specifically accounts receivable factoring and how it can shorten the time between services rendered and payments received. I used the trucking industry as an example last time I [...]

Your Accounts Receivable Turnover Can Destroy Your Business

By |2018-06-02T20:37:08-07:00February 19th, 2016|Grow Your Business|

Your Accounts Receivable Turnover Can Destroy Your Business From time to time, I'll get a client who is experiencing windfall profits but can't figure out why they have no cash to pay the bills. They're desperate for money to keep their business from sinking. Upon further investigation, I might find their accounts receivable turnover rate is [...]