ENCOURAGE CUSTOMERS TO PAY UP FASTER

​Business enterprises are setup to make profit. This is the goal of very business entrepreneur as he hopes he smiles to the bank at the end. For a business to be profitable, various things have to be put in place and order. A business enterprise should always ensure that goods or services offered to customers should be paid swiftly. Money is the car of a business as it moves it. When there is no money, a business enterprise becomes dormant and stagnant. Money is needed by a business t to acquire various things that would ensure that factors of production are intact.
To ensure that there is always money in a business, business enterprises should encourage customers to pay up faster. When a business enterprise notices that customers are slow in paying for goods or services acquires, they should ensure that the customers pay on time.