Entrepreneur Plus - Short White
For Subscribers

5 Questions to Ask About Your Payment Collection Process As the Economy Opens UpGive your business a post-crisis purchasing checkup and watch your bottom line benefit.

ByJohn Boitnott

Opinions expressed by Entrepreneur contributors are their own.

The ongoing health crisis forced most businesses and entrepreneurs into makingadjustmentsof all sizes. This involved minor tweaks in daily operations towholesale pivots. One of the areas in which many businesses had to shift focus and add some flexibility is payment collection and processing.

How your company gets paid is essential to its continued growth and success. Thankfully, the economy is opening back up in many places. That presents a terrific opportunity for entrepreneurs willing to take a good long look at their payment collection practices and ask a simple question.

Continue reading this article — and all of our other premium content with Entrepreneur+

Join the internet’s leading entrepreneur community! With your subscription you’ll get:

  • Unlimited access, including premium content
  • No ads
  • Subscription to狗万官方magazine
  • Four free e-books a year
  • Subscriber-only events with our experts

Editor's Pick

Related Topics

Business News

'This Is My Life Now': Man Hysterically Documents Elon Musk's 'X' Sign Blaring Flashing Lights Into His Bedroom Window

The sign, reportedly put up without a permit, is shining bright at X HQ in San Francisco.

Business News

'Awful Advice': Barbara Corcoran Slammed For 'Tone Deaf' Business Advice to Interns

The "Shark Tank" star shared tips on social media about how interns can increase their chances of getting hired full-time, but the public reaction didn't go as planned.

Business News

An 81-Year-Old Florida CEO Just Indicted for a $250 Million Ponzi Scheme Ran a Sprawling Senior Citizen Crime Ring

Carl Ruderman is the fifth senior citizen in the Miami-Fort-Lauderdale-Palm Beach metropolitan area to face charges in connection with the scam.

Money & Finance

Want to Become a Millionaire? Follow Warren Buffett's 4 Rules.

企业家是不能过度指狗万官方望太多a company exit for their eventual 'win.' Do this instead.

Leadership

These Outdated Habits Are Leading to Workplace Inefficiencies And Taking a Toll on Your Productivity

No wonder companies are having trouble collaborating effectively digitally.