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Late Payments – A nightmare for small businesses

Account Receivable

22 Mar

Late Payments
Late Payments – A nightmare for small busine...

Late payments are a leading cause for sabotaging the growth of small businesses. A hallmark of small businesses is the small amounts of capital they have, often provided by the owner themselves. Their survival depends on the cash flow they have in each financial cycle. Late payments threaten this by upsetting predictions and estimates.  The

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