Unfortunately, sending an invoice doesn't always result in getting paid. If you're having trouble with slow-paying or nonpaying customers, you need to develop a consistent accounts-receivable program. In this Inc.com guide, discover tips for billing and accounts receivable, collection strategies from successful entrepreneurs, including Inc 500 CEOs, and solutions for soloists.
With more and more reputable companies entering the factoring business, services have greatly improved. But factors' bottom line use remains the same: providing ready funds for companies in cash-flow-challenged industries.