FOR IMMEDIATE RELEASE
(Free-Press-Release.com) July 3, 2008 -- Bookkeeping service expert Laurie O'Neil has just released a series of free articles on her web site. Her most recent article, Small Business Advice: Improve Your Accounts Receivable Collection Cycle Now, is available for immediate download at www.bkpr-network.com.

Almost any small business can use advice on how to improve its collection cycle. In this article O'Neil offers free bookkeeping service expertise and explains how to measure the time it takes to collect accounts receivable, how to predict the time it will take to collect for products and services billed now, and how to shorten up that collection cycle.

"Many of my business mentoring clients are surprised to learn that the step requiring the most amount of time in the cash conversion process

is the time it takes to collect on a customer account," shares the small business advisor. The cash conversion process begins the moment that a business makes contact with the customer, and ends when the business has received and deposited payment from that customer. "Hopefully this cycle repeats itself each month," suggests the business mentoring professional.

One important indicator for predicting collection of payment for goods and services delivered now is called the Average Accounts Receivable Collection Period. O'Neil outlines this bookkeeping service calculation and hands her readers a powerful bookkeeping service tracking tool. Calculating their Average Accounts Receivable Collection Period will help them adjust their cash inflow on an as-needed

basis.

Once readers have calculated their own Average Accounts Receivable Collection Period, O'Neil recommends that they interpret that number as it relates to their business by asking four important bookkeeping questions. The business analysis gleaned from the interpretation of these four questions is the key to the advice offered in this piece.

By answering these four basic questions, implementing a few bookkeeping service procedures and heeding O'Neil's small business advice, readers of this article improve their accounts receivable collection cycle now.
In other articles, readers will learn about:
• The One-Page Business Plan for Your Bookkeeping Service
• Tips for Developing Budgets
• How to Survive Paying Taxes
• Outsourcing Payroll: The Good, The Bad and The Ugly

Laurie O'Neil is the co-founder of The Bookkeeper's Referral Network Inc., the place where business meets great bookkeepers. To get your copy of a free special report, The 9 Disastrous Mistakes Most Freelance Bookkeeper's Make in Business (and How You Can Avoid Them!), visit www.bkpr-network.com .