How to Adapt to New Postal Rates Increase

Effective January 22, 2012, new postal rates will go into effect. As you probably know, the USPS is trying various attempts to save itself. Yet, I think that the post office we know today won’t be the same for long.

Leaving sentiments aside, some of the proposed ideas could impact a small business’ cash flow. This article provides some concrete steps that an entrepreneur who relies on traditional postal service can take to minimize negative impact on a firm’s finances. Sample recommendations are to expedite invoicing, accept electronic payment and to offer incentives for early payment.  For details read here.