Latest / Cash Flow Conversations with Fexingo: Working Capital, Receivables, and Small Business Finance
Why Your Small Business Needs a Receivables Playbook
In this episode of Cash Flow Conversations, Lucas and Luna explore why many small businesses lack a formal receivables playbook and how that leads to predictable cash crunches. They walk through the case of a Chicago-based marketing agency that cut its average days sales outstanding from 52 to 31 days by implementing a simple four-step playbook: a standardized invoice template with clear payment terms, an automated 48-hour payment reminder, a 72-hour escalation script for overdue accounts, and a monthly receivables review meeting. The episode also covers common mistakes like offering…
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