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Business Unplugged™
This blog features Carol Roth's tough love on business and entrepreneurship, as well as insights from Carol's community of contributors.

How to Get Your Customers to Pay Faster

Written By: Catherine Morgan | Comments Off on How to Get Your Customers to Pay Faster

stacks of moneyAs in any situation, it pays to understand your customers. Carol’s latest on MasterCardBiz.com “Why Customers Need Different Payment Options” gives suggestions for ways to structure payments from individuals, small businesses, and large businesses.

“One of the keys to generating loyalty with your customers is to understand them.  Depending on what types of customers your business services, they will want or need different types of payment options and terms.

Individual consumers are different from small businesses, and big businesses are different from small businesses, so a one-size strategy definitely does not fit all.

Let’s walk through these three types of customers with suggestions on what might work for small business owners trying to sell to each.”

You can read the rest of the post here.

Article written by
Catherine Morgan is the founder of Point A to Point B Transitions Inc., a virtual provider of coaching services to individuals who are in business or career transition. She specializes in helping entrepreneurs transition to corporate jobs they love. Catherine is the author of the eBook Re-Launch You: Discovering Your Point B and Embracing Possibility. An experienced independent consultant who was employed by three of the former Big Five consulting firms, Catherine speaks frequently on topics related to career transition, small business, productivity, and mental health. She doesn’t take herself seriously, but takes her subject matter very seriously.