In today's world, improving your business’s cash flow—the lifeblood of any company—can mean the difference between being able to pay your employees or having to close up shop. This is a situation that has only been exacerbated by the pandemic and is a real threat to most small business owners in the U.S.
However, a lot of businesses don’t realize that simple tweaks to your payment strategy may be the key to improving cash flow. This is especially important for companies in the increasingly popular “subscription economy” or those with other types of recurring revenue models, including invoicing and installments. Finding the right solution for collecting payments can help reduce costs, minimize bad debt, and create a stable timeline for your pay days.
During this webinar, pranav Sood—the Vp at GoCardless, a global financial technology company that helps over 60,000 businesses manage their recurring payments—will discuss the best ways small businesses can increase cash flow.
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