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| It doesn't matter how much product you sell; if you
cannot balance revenues and expenses, maintain adequate cash flow,
or have a solid system of collections, your business will struggle
if not fail. This is "back room" information that every
entrepreneur must consider before getting started. |
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Lock Box
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This is a
legal means of taking advantage of fluid cash. It involves a network
of post office boxes in strategically placed locations. Customers
send money to those addresses, and a local bank picks it up and
deposits it to the corporations credit, saving the several days of
delay between a check arriving at a headquarters office, then going
through the banking process.
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b u s i n e s s a c c e l e r a t
o r
t o o l s f o r s u c c e
s s
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