According to IHRSA, most fitness centers and health clubs lose half of their new members in the first six months. Cancellations are a part of running any business, and the fitness business is no exception. They require a significant amount of time and staff for...
Accounts receivable and accounts payable ensure the flow of funds into a business for running operations successfully with profit. This makes it important for businesses to stay on top of payables and receivables to manage their cash flow efficiently. Proper...
As the healthcare industry enters into a new era, people are finding it tough to keep up with the rapid change in the healthcare system. Right from staying informed on all of the industry-specific jargon, codes, and business names to the constant changes in government...
Having a lot of customers is a great thing for any business. However, the outstanding accounts receivables of these customers can prove to be more harmful than good. This lateness in payment is one of the major reasons why many businesses fail or run into financial...
Customer interaction and the business processes related to it are fundamental in building value in your products or services. So, understanding these processes becomes important to positively reshape the customer journey for your organization. Smart business leaders...
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