In the modern-day volatile business environment, businesses irrespective of their scale of operations are perpetually prone to facing a cash slump. A cash slump occurs when cash inflows are insufficient to meet cash outflows. If managed ineffectively, a cash slump can affect the long-term profitability targets of the firm. Thus, it becomes important for managers to not panic and take … Continue reading
Posts Categorized: Payments and Collection
Tips for Creating a Professional Invoice Template
An invoice is an important business document regardless of the type and size of the business. You can rightly define an invoice as a document that you as a small/medium/large business owner would send to your clients or customers intimating them that the payment for the services your firm rendered is due. A professional yet simple invoice template will outline … Continue reading