Best Practices in Billing and Collections – Free UEZ Business Seminar

Posted on April 25, 2011 By

The Lakewood Development Corporation, the administrative arm of the Urban Enterprise Zone (UEZ), is offering the public a free small business seminar “Best Practices in Billing and Collections,”  Wednesday, May 4, 2011, from 10:00 a.m. to 1:00 p.m. in Conference Room C, the Lakewood Municipal Building, 231 Third Street, Lakewood.

Cash is the lifeblood of any business and while many business owners focus on improving sales, they neglect to evaluate the age of their accounts receivable and what it costs them to re-bill, follow up on them, and carry receivables. 

The workshop, given by Karen Cooper, MBA, will provide several tips a business owner can implement, many at no cost, that will increase cash flow and reduce operating expenses. She will also explain how to motivate customers to pay more promptly. 

To register visit http://conta.cc/may4workshop. To find out about UEZ programs and seminars, call Joan Wilkes at 732-364-2500 x5256 or jwilkes@lakewoodtwpnj.org. All businesses are welcome whether or not they are participating in a UEZ program.

About Karen Cooper: Karen Cooper holds an MBA in Finance from NYU and a BA in Cognitive Science from Vassar College.  She is a district sales manager, working with 200 clients at Transworld Systems Inc. where she provides a variety of services for managing and collecting past-due accounts receivable.

About the UEZ:  The Urban Enterprise Zone program was designed to foster economic growth to revitalize and stimulate designated urban communities.  The program encourages businesses to create private-sector jobs though public and private investment. More than 8,000 businesses throughout the state and more than 450 businesses in Lakewood benefit from tax and financial incentives. Personnel from the Lakewood UEZ are available to discuss program eligibility and answer questions.

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