Denominate your international receivables in dollars — Business Management Daily: Free Reports on Human Resources, Employment Law, Office Management, Office Communication, Office Technology and Small Business Tax Business Management Daily

Denominate your international receivables in dollars

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in Leaders & Managers,Management Training

Denominate your international receivables in dollars, not in the currency from which your sales will come. It’s a simple way to protect your bottom line against currency fluctuations.

— Adapted from 301 Great Management Ideas from America’s Most Innovative Small Companies, Leslie Brokaw, Inc. Publishing.

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