Do you know that your unpaid invoices are one of the biggest threats to your business's survival? And worth noting, is that not sending out your invoices with terms immediately, is a part of this cash-flow problem!
Cash flow is the movement of money in and out of your business — the lifeblood that keeps your business running, representing how much cash is available at any given time to pay bills, suppliers, and staff.
Positive cash flow means you have more money coming in than going out, which allows you to invest in growth, pay expenses on time, and keep your business healthy. However, when clients delay payments, it can create cash flow gaps, making it harder to cover daily expenses and putting your business at risk. Every overdue payment creates a ripple effect which slows down your ability to pay suppliers, meet payroll, and invest in growth. Studies conclude that late payments cost small businesses thousands of dollars each year, which often forces closure.
Don't let cash flow gaps hold your business back – take action today! Let Deb's VA Solutions improve your cash flow by recovering overdue payments quickly and professionally, helping your business stay on track without the stress of chasing invoices.
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