Ideally, we want to be paid on time and in full from our customers. However, all the time that might not happen. Freshbooks has a new feature. They have an option to allow your customers to pay you partially.
Maybe they owe you $500 for some service – now they can pay you $300.
Sounds simple, I know, but for small business owners, every dime counts – even partially paid invoices.
Cash flow is so important to business owners – especially small businesses. What’s ironic is that many BIG companies take 60 – 90 days to process a payment. Yet I know many small businesses try to pay their invoices, when paying other small businesses or consultants, immediately (or close to it).