Thursday, April 9, 2009
It is becoming harder each day for a small company to collect on their AR. I hear on a daily basis that customers can not pay this week because their customers have not paid them. It is a trickle down effect. Everyone is cutting back in one form or another. Several businesses are only working a 4 day week. Others are staggering their employees to only work 4 days. Even others are taking full weeks off the save. All of these has an effect on the individual worker who then has the same problem in paying their own bills at home. So the cycle can start all over again. I hope that there is an end in sight.