Latest / Cash Flow Conversations with Fexingo: Working Capital, Receivables, and Small Business Finance
How a Web Designer Used Late Fees to Reduce Receivables Aging by 50 Percent
In this episode of Cash Flow Conversations with Fexingo, Lucas and Luna explore how a web designer in Austin used a simple late fee policy to slash her average collection time from 60 to 30 days. They discuss the mechanics of a 1.5% monthly late fee, customer reactions, legal considerations, and the broader working capital impact. The episode offers a practical cash flow tactic any small business with net-30 or net-60 terms can implement.
#LateFees #Receivables #CashFlow #SmallBusiness #WebDesigner #WorkingCapital #AccountsReceivable #InvoiceManagement #CashFlowTips #BusinessFinance…
The skinny
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