A business can resolve cash flow problems by systematically managing stuck receivables rather than focusing solely on generating new sales, as demonstrated by a case where a company recovered $270,000 from $300,000 in outstanding receivables through proper follow-up systems.
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Your cash flow problem might already be owed to youAdded:
One of our coaches just started with a new client and that new client had just under $300,000 in receivables.
When they started with us, they were they were financially strapped when they started with us and you know the first thing we went to do is go figure out how to go get that 300 somewhat thousand and it wasn't from one account, it was from a couple of just things that needed to be taken care of but all of them were stuck and they all needed a little bit you can't approach everything with a hammer assuming everything in the world is a nail. Yeah, exactly.
>> But being I think being able to sit down with our team and go through it boom that 300 it was 270 something was suddenly back in their pockets and you not only could you exhale you could inhale.
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