In these slow economic times, it is espeically important to manage cash flow. Here are some tips for implementing precautionary measures before taking on new customers and pursuing outstanding invoices.

Nationally, foreclosure filings increased 81 percent from 2007 to 2008, according to an article published in the (Durham, NC) Herald-Sun (registration required). Local economists and the likes of Business Week and CNBC have been telling us that Durham is better positioned economically than most areas to survive the recession because our main industries are higher [...]