Many small business owners can find it difficult to persuade customers to pay invoices early, or even on time. Consumer purchases form a large part of a company's ownership. If customers don't pay, you'll be out of business and it's a big struggle to find out how to get invoices charged faster.
Worrying about consumer rates and payments takes away the time you need to focus on your company instead of investing. Sometimes it can be frustrating and annoying to remind customers to pay their invoices but you need the money to expand your company. Sure, one way to get the money quicker is invoice factoring but that's not the only way.
infographic by: BusinessIntel