Cashflow is the lifeblood of every small business. Small business operators need to be paid as close to the completion of a job as possible.
Chasing unpaid invoices can end up costing more than a job is worth in labour. For many businesses, chasing payments is put off until cash is needed to pay bills or staff wages, as they are too snowed under with current work. Generally, the owner cries “How can we not have enough money? We’re so busy!”