How Do You Handle Cancellations in the Fitness Business?
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...
What Is The Difference Between Accounts Receivable And Accounts Payable?
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...
What is Account Receivables and How to Reduce it?
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...
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