Cash flow issues can stop a budding business in its tracks. Use these four tips to design a retainer fee agreement that not only keeps clients happy, but also keeps the lights on. Drew McLellan Published 8:00 am EDT, Saturday, April 20, 2019 Photo: Nevena1987 | Getty Images Photo: Nevena1987 | Getty Images Image 1 of / 1 Caption Close Image 1 of 1 Photo: Nevena1987 | Getty Images This Payment Model Will Keep Clients Satisfied and Bank Accounts Full 1 / 1 Back to Gallery Every business needs to make money, but not every founder knows how — or when — to collect it. Cash flow problems are one of the top startup killers. Still, many business owners get so focused on delivering a great service or product that they neglect to check whether they have enough money to accomplish their big goals. The Alliance of American Football recently learned this lesson the hard way: When signs of financial trouble hit the AAF, Chairman Tom Dundon came to the financial rescue. In early April, however, Dundon decided to take his money and go home. CBS Sports reported that the league had no choice but to shutter operations. Sources disagree over whether the league could… Read full this story
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