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Why it’s a good idea to offer payment plans to your business customers

Inside Retail

This article outlines why tapping into automated accounts receivable solutions along with offering more convenient payment plans to your business customers is a good idea and smart business practice. Why should your business provide payment plans to business customers?

Planning 264
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Suppliers: How to get your retail business customers to pay you quicker

Inside Retail

In this article, we outline how your business can strengthen its cash flow and grow by providing more payment options to retail business customers. While trade credit may be convenient for your customers as they don’t need to pay anything upfront, it can cripple your business’s cash flow when payments are late. . Boost cash flow.

Flow 355
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BNPL: It’s been a hit for consumers and now businesses get their turn

Inside Retail

Offering people the ability to spread out their payments for goods and services across regular intervals enables consumers to better manage their own cash flow. With the potential to transform how companies manage their cash flow, BNPL for businesses is here to stay. . Increase payment terms without restricting your cash flow.

Consumer 246
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The benefits of financing your business growth

Inside Retail

For example, a Business Characteristics Survey from the Australian Bureau of Statistics found that 41 per cent of businesses needed finance to strengthen their cash flow while a further 30 per cent of companies were in need of capital to upgrade machinery and equipment. . Limit credit exposure, get paid on time and drive improved cash flow.

Flow 246
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Ksubi CEO Craig King talks store expansion and retail growth strategy

Inside Retail

You can download the full report here. Are you planning to invest in any new technology, features or services in this space in the next 12 months? If everyone is rowing in the same direction, business flows, the group benefits and good things happen.

Strategy 130
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Why adopting unified email and SMS solution is essential to engaging customers

Inside Retail

According to Klaviyo’s 2024 SMS Consumer Trends Report , the results were eye-opening: 65 per cent of consumers said they purchased something they had planned to buy “in the near future” or “in a few months” because of an SMS. Download a copy of the free 2024 SMS Consumer Trends Report today.

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The retail turnaround rules

Inside Retail

Be sure to download the 2024 Australian Retail Outlook to discover more. That is why it is essential to do a hard reality check as early as possible and have a realistic and current assessment of the business’ actual financial position (cash flow, P&L, balance sheet) and its forecast performance looking forward.

Flow 130