As a business owner, you don’t have the time or energy to be chasing down customers for months on end, asking them to pay up. This lag in cash flow has significant consequences in both the short and long term. It can impact your ability to pay wages, rent, utilities, suppliers and services.
The stress on you and the way this affects your productivity can be debilitating, with many businesses taking more than 90 days to pay up.
If you feel in the dark on how to get paid on time, listen to these simple steps to help you take control and tackle the issue moving ahead.