- Cash Flow Chronicles
- Posts
- Past Due Went Up $250k
Past Due Went Up $250k
Improving customer payment habits now has lasting impact. Offer small incentives for early payment…. a 1–2% discount for settling invoices before year-end can be worth it if it accelerates cash. At the same time, enforce clear boundaries with late payers. Don’t extend further credit to customers who are already behind. You have to protect your business at the end of the day, always remember that.
Your message should be consistent when dealing with your customers who owe you money: cash flow is a priority. Clear terms, timely reminders, and strong follow-through build a culture of payment discipline.
Tomorrow, we’ll take a step into the daily grind with a simple but powerful habit — daily cash checks.
Peak Bank’s High-Yield Savings Helps You Reach New Heights
Peak Bank’s high-yield accounts offer intrepid savers the opportunity to maximize the mileage of every dollar, giving you a more solid foothold on your way to the top. Take advantage of rates as high as 4.35% APY* and convenient digital tools with Peak Bank.
Member FDIC
Sponsoring the Cash Flow Chronicles today is THAT STARTUP GUY!
Thank you for supporting our newsletter. Each time a reader engages with our sponsor’s ad, this directly supports CFC’s mission to be the TOP FINANCIAL newsletter Beehiiv has to offer.
Even if you do not buy a product, subscribe, etc. this greatly supports our mission. Take 5 seconds today and check them out!
Founders need better information
Get a single daily brief that filters the noise and delivers the signals founders actually use.
All the best stories — curated by a founder who reads everything so you don't have to.
And it’s totally free. We pay to subscribe, you get the good stuff.
NEW FOR 2025!
I have a high focus helping other vets out there and want you all to succeed, so I created this Skool group below called the Profit Platoon. Would love to have you there!
Reply