What to Do When Your Client Takes Too Long to Pay You

invoice factoring

The success of a business is directly proportional to its ability to finance its operations. When starting out, every business is dependent on cash flow, and many need external financing to expand their ventures. Entrepreneurs must develop methods for smooth and productive functioning to maintain sufficient cash flow. Consistency can make or break a business. Cash flow can easily be disturbed when companies perform work on credit for their clients and those clients don’t pay on time. Most of the time, this is structured so clients can pay invoices after…