I just had a realization that my current AR is more than my salary of my job I quit to start the business. Kinda gives me warm fuzzies to think of it that way!
Nope- that's not the problem. I can guarantee that because this:
...is 100% true.
For all of our clients except a very tiny handful, email is THE FASTEST way to get invoices to them.
We don't expect them or need them to be home when we do the job. I take a no pressure approach to the...
Thanks Merle! I'm learning as the business grows I need to polish not only my arborist skills but also my business management skills as well.
love
nick
Right now I'm sitting at about 15% It seems like a ton to me, but i guess it doesn't matter. As long as it keeps coming it!
All of our invoices are emailed to the client after the job is completed if they don't pay on site. I would say maybe 10% of jobs get pd on the day of the job.
I've taken a special interest in comparing how much money we are waiting to get paid in vs. how much we make in the whole year. There's probably books written on the subject. We could call it the Accounts Receivable to Annual Gross Ratio...or the AR:AG Ratio!
I know a lot of you guys plan to...
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