Be Paid on Time: The MasterClass Helps You to Systematically Improve Your Overall Cashflow Performance

Business Wire,  May 7, 2008  

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DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c90952) has announced the addition of Be Paid on Time: The MasterClass to their offering.

BE PAID ON TIME BUSINESS MODEL

Improve Your Company's Potential by introducing `The bepaidontime Model`, to increase cashflow. To provide the opportunity to increase the `bottom-line` performance on existing levels of sales with improved cashflow. There is no other business model available to illustrate the power of our `bepaidontime`!

The `bepaidontime` Model is about...

* Your Business - To help you effectively compete more successfully in today's difficult market conditions.

* A powerful, easy - to - use management tool packed with techniques and industry best practice.

* How to systematically improve your overall cashflow performance.

* How to achieve a greater financial return on existing levels of sales.

* Enabling management to structure and control the business to make more out of what you already have.

By using the `bepaidontime` model the results you achieve will only be limited by your own determination and passion to improve the financial performance of your business. The `bepaidontime` model shows you the way, the how and the way forward for success. The `bepaidontime` model clearly recognises the importance of `Cashflow`. The business model is a `complete` system of how to improve cashflow and how you can implement the model into your business for long-term success and profit. The `bepaidontime` model` has been created specifically for any industry by experienced and skilled successful people in operating a business. The business model correctly applied will provide the opportunity to increase the profitability performance and cashflow on existing levels of sales. It is equally applicable to all sizes of company (owner managed businesses to large group companies) no matter what location, range of products produced/service provided or the process employed.

The benefits of the `bepaidontime` model as seen by a business:

* A business tool which identifies cost saving ideas and industry best practice.

* To help you compete more successfully in today's difficult market conditions.

* Identifies with you areas of your business to target to improve your cashflow.

* How to grow financial returns on current sales.

* Explore your business areas to better understand how you can introduce better business control practices.

Credit control is not the same as managing your debtors. They are as different as chalk from cheese. When you understand the difference, your profits will skyrocket.

What's it all about?

Eight Modules: The MasterClass Reveals the Extraordinary, Unrecognised and Untapped Hidden Commercial Advantages from Being Paid On Time? All the Time

In Module One you will learn:

How understanding of the fundamental importance of your Unique Selling Proposition (USP) provides the foundation for setting up effective control of your debtors.

How a written credit policy will help you to increase sales.

In Module Two you will learn:

How to draw up Terms of Trade that actively support your business.

How and when to advise your customers of your Terms of Trade.

Why the assumptions behind the Late Payment of Commercial Debts Act 1998 are wrong: the correct way to charge interest.

In Module Three you will learn:

Market strategy: how to choose your customers.

Why only the best will do: vet all your customers for the best of both worlds.

In Module Four you will learn:

Four major reasons why you should check all credit customers.

What essential information you must have about each customer.

Simple and effective: the practical way to analyse status reports.

Two over-riding reasons why you should not ask banks for status information.

In Module Five you will learn:

How to ask customers about their accounts and have them admire you for it.

When and how to refuse to provide credit, but retain a happy customer.

What you must remind, and keep reminding your own staff.

In Module Six you will learn:

Why "30 day terms" are the road to ruin.

The answer to a conundrum: why 45 days ensure payment sooner than 30 days; why 35 days are best of all.

How to change the dreadful job of chasing overdue accounts into a friendly quality evaluation to ensure your customers are delighted.

How to gain an entire month's advantage in resolving errors, customer problems or complaints, and boost customer retention.

The advantages and dangers of discounts: for cash, for prompt payment and in retrospect.

In Module Seven you will learn:

Four clear customer benefits from payment schedules that your customer can meet, never "30 days."

Why debtor management is a function of sales and marketing, not of your accounts department.

Benefits on both sides: the simple way to keep correct customer identity and information.

In Module Eight you will learn:

Why you should keep credit limits as low as possible and why you must never tell customers their limit.