 Introducing...
Paul Bailey, the Cash Flow
Doctor. Paul has a 3-part
prescription for halting the
spread of the cash flow
domino effect, and curing
your debtors of slow payers'
disease [more]
What is the cash flow domino effect?
"If you do it right, you can tip the first domino and cause all others to fall down in succession." That’s the idea of the game of dominoes, but in business the cash flow domino effect is definitely not the idea, nor a game – it’s more like a potentially lethal virus!
It begins with one client saying they can’t (won't) pay a bill until they are paid. Their supplier then tells their suppliers they can’t pay until they are paid, and so on.
- Just one non-payment can result in many non-payments to
many suppliers. Like a virulent virus, the cash flow domino
effect gathers speed and casualties in many directions.
- Are people now just numb to this? Do we accept it as a fact of
life and pass on the virus, or do we take steps to protect
ourselves and others?
3-part prescription for slow payers' disease
 Vaccinate: Proactively build up your
defenses and resistance. Several
aspects to this including clear, well-
documented and applied Terms of Trade.
 Diagnose: A slow paying debtor will test
positive for one of 4 symptoms - memory loss, cash flow difficulties, dissatisfaction or poor ethics. Good credit management
practices are vital here.
Cure: Soft or hard options for debt
collection; outside expertise speeds
things up on the road to recovery.
Imagine your business free of the cash flow domino effect virus and your clients and customers fully cured of slow payers' disease!
Act to make this your reality. Contact Cash Flow Doctors today.
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Cash Flow Doctors Ltd
PO Box 4238
Marewa, Napier 4143
Phone: (06) 843-3344
Fax: (06) 843-3348
Click here to email
www.cashflowdoctors.biz
Cash Flow Doctors will make
a house call to your office,
or shout you a coffee or tea
when meeting at the
E2theMax Business Lounge,
Level 1, Tourism House,
82 Dickens St, Napier.
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