How long does it take to collect money that is owed to your small business? The reason I ask is because your company's cash collection cycle is an essential gauge of profitability. The sooner your small business collects on its receivables, the shorter its cash collection cycle--which should be a primary financial goal. However, the reality is this: There is a huge discrepancy between what most small business owners expect versus the actuality of when payments are received. A Typical Cash Collection Cycle To improve your company's cash collection cycle, consider the following timeline: 1....


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