Maintaining smooth cash flow is essential to the success of any business. Late payments from customers, however, can lead to serious cash flow problems. This makes it tough for small businesses to meet payroll, pay rent or buy supplies.
A recent analysis of 20 million invoices in the Fundbox system found some surprising facts about who gets paid when, and just how widespread the problem is.
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Irma Wallace
Co-founder and Vice President of SearchRank, responsible for many of the day to day operations of the company. She is also founder of The Arizona Builders’ Zone, a construction / home improvement portal.
