Don’t like waiting a month or two for your clients to pay up, eh? Like most business owners, you probably are somebody whose time is valuable, and nobody really likes waiting long to get paid. Also keep in mind the opportunities going down the toilet if the wait is too long. Because you may be reluctant to wait it out, you may find yourself missing out on those important sales bids. That’s the best case scenario, now here’s the worst case. You may even be unable to pay your employees their wages. You may default on your rent payment and business taxes. And worst of all, it could spell the untimely end of your company.
