Latest / Cash Flow Conversations with Fexingo: Working Capital, Receivables, and Small Business Finance
How Service Firms Protect Cash Flow With Milestone Billing
Most service businesses bleed cash because they bill at the end of a project, leaving months of unpaid work on their books. In this episode, we look at how consulting firms and creative agencies are shifting to milestone billing to keep their bank accounts healthy while clients stay happy. We break down the psychology of progress payments, how to structure milestones that actually get paid, and why getting paid faster doesn't mean charging more. Lucas and Luna walk through a real case of a digital marketing agency that reduced its days sales outstanding from forty-five days to twelve by…
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