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News — average collection period

Getting your money faster without being a jerk

1302 accounts receivable ACH advance payment AR average collection period bill Billing borrowing Category_Articles collect collecting collection collection period contracts electronic wire payments Lenders Mark Zweig Money payment status retainer ZG Team

Getting your money faster without being a jerk

“We need to collect our money sooner. With dragged out collection periods, most companies don’t have the working capital they need without borrowing.”

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Financial concepts AEC owners should know

1258 A to Zweig ACP advice average collection period Category_Articles featured Mark Zweig return on equity ROE

Financial concepts AEC owners should know

Let’s face it. While there certainly has been an increase over the years in the number of architects, engineers, and other design professionals who have had formal business education, the solid majority of firm owners today still do not have any. And even though some owners do have a business degree or MBA, not even all of them understand a few of the most critical financial concepts that they should know in order to run their firms effectively. Let’s take a look at two of these financial concepts that every firm owner SHOULD know and understand: Return on equity. It...

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