Small Businesses Learn How to Get Customers to Pay Faster

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Receivables slow during any financial downturn, but when the downturn is the magnitude of the current financial crisis, the problem is only intensified. Some small businesses have learned to minimize this problem long before an invoice is sent. These small business gain by having better cash flow and not needing to dip into their lines of credit.

Ventureneer.com presents ''How to Train Your Clients to Pay You'' a free webinar on Thursday, August 13, from 12n to 12:45pm ET presented by Nina L. Kaufman, Esq., business attorney and President of The Legal Edge LLC.

Small businesses can increase what they're earning, reduce time chasing down clients to get bills paid and improve cash flow with fewer outstanding invoices resulting in each and every invoice being maximized for profit. After all, a solid cash flow is the life-blood of any small business.

Nina Kaufman asks small businesses, ''what are you, a bank?'' She continues, "is it your job to extend credit to each and every client? If you're not getting paid on time and in full, that's exactly what's happening. Rest assured, your landlord and employees aren't interested in what you'll get paid eventually. You have obligations you need to meet now. Just as personal trainers show us the right way to exercise, so you as a 'client trainer' can show them the right way to work with you."

In this free webinar you'll learn:

  • Ways to screen and choose clients wisely
  • How to set expectations for what and when you will be paid
  • Developing a collections system to prevent long-term payment problems

This seminar is ideal for business owners, budding new businesses, solopreneurs, freelancers and anyone who has had a problem with client receivables.

Nina Kaufman, Esq. demystifies legal mumbo-jumbo to save small businesses time, money, and aggravation. She's also an award-winning attorney, speaker, and columnist/blogger for Entrepreneur Magazine online. Get a free copy of her Contracts and Collections Info Kit.

Ventureneer.com provides a new approach to learning that blends traditional formal instruction with informal learning derived from peers using Web 2.0 technology to capture and share this knowledge. Ventureneer's customized Web 2.0 learning environment: blogs, virtual classes, peer-to-peer learning, coaching, web events and articles, provide the necessary support to make faster, better organizational decisions.

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Geri Stengel
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