Businesses are slowly getting better at paying on time, but sadly for wholesale distributors, this is far from the truth. Wholesalers are still suffering from the late-paying habits of their retail customers. According to Xero’s recent study, the retail sector remains the slowest payment...
Sending invoices to your customers is obviously a very important step in receiving payment. But you would be surprised to learn that many business owners have a poorly constructed invoicing system and mistakes are made constantly. These small invoicing mistakes can lead to larger probl...
No matter what trade you’re in, we all face a common issue… Not being paid on time. Or sometimes, not even getting paid at all! When you’re busy finishing up on a job and booking new ones, there is nothing worse than having to worry about chasing up customers for their late invoices ...
We all know that sales are what keeps us in business, but if we don’t receive the money we are owed, sales won’t achieve anything for us. According to ASIC statistics, having bad cash-flow is why most companies fail. To give you an precise figure, a survey undertaken by Xero sh...