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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.

 


Lock Box

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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