Statistics tell us that 44% of businesses fail every year just because they run out of cash flow. The main reason is because 60% of invoices are paid late.
Unpaid invoices really put your cash flow at risk.
I almost lost my business because I didn’t ask customers to pay – so they didn’t! My cash flow was drying up fast.
I couldn’t afford to lose my business. I’d put everything, I had into it.
I had to find a way to get my invoices paid on time (without upsetting customers!).
That’s how I developed my ‘customer service’ based 5-step GET PAID! system. It was so simple that my p/t administrator could easily do it. I could still focus on making sales.
After that, all our invoices were paid on time. Our cash flow was never at risk again so we always had a full bank account. I was able to stop worrying about our cash flow and focus on growing the business and making it profitable.
Who would think that good old-fashioned customer service, in the right place and at the right time, could get invoices paid painlessly and save a business? But it did.
Watch the video below to see how simple it was. It worked like magic.
How could you use customer service to get your invoices paid on time so your cash flow isn’t at risk?
To your success getting paid!