Who is the person primarily responsible for maintaining your businessís financial records? Is it:?
Is that person also primarily responsible for billing and collections?
Is that person primarily responsible for most common interactions with your financial institution, such as making deposits or getting change?
(payment) At the time of sale.
(payment) By invoices or statements to customers that are due upon receipt.
(payment) Through third-party payment, such as an insurance company.
(payment) Through credit-type arrangements or special terms that you extend.
(payment) At the time of job completion or upon delivery.
When you extend credit or terms, do you extend it to your business customers, individual customers, or both?
What are your customary terms?
Volume 1, Issue 7, 2001
ISSN - 1534-8326
William J. Dennis, Jr.
NFIB Research Foundation
NFIB's mission is to promote and protect the right of our members to own, operate and grow their businesses.
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