We surveyed 213 former small business owners to uncover the most common mistakes, regrets, and lessons learned after business closure — from missed red flags to funding missteps.
Lessons From Failure: What Former Entrepreneurs Want You To Know Show Me More »
This article presents benchmark data on typical NET payment terms across eight major industries, based on insights from over 1,000 factoring clients. By understanding what’s standard in your sector, you can better negotiate terms, manage cash flow, and stay competitive. Use this research as a practical reference to compare your company’s payment practices with industry norms.
NET Terms by Industry: Key Insights for Businesses Show Me More »
Late payments aren’t just an inconvenience for many small businesses—they’re a serious cash flow problem. When customers take 30, 60, or even 90 days to pay their invoices, it can leave business owners scrambling to cover payroll, purchase inventory, or keep up with daily expenses.According to the 2024 Report On Payments by the Federal Reserve, a staggering 80% of small firms experience some form of payment-related challenge.
The Impact of Late Payments on Small Businesses: What the Data Reveals Show Me More »
