As an owner of a small company your role doubles as the


As an owner of a small company your role doubles as the company's primary account representative. You are considering ways to reduce working capital and know that one option is to persuade your customers to pay their bills faster. What are some of the advantages and disadvantages to this method should you decide to pursue this option? What are other options you can consider to get customers to pay faster?

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Financial Management: As an owner of a small company your role doubles as the
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