When small businesses sneeze, we all catch a cold.
We’ve served thousands of small businesses, and we learned a lot about the impact of their unpaid invoices. The numbers are huge:
- The value of small business unpaid invoices is $825 billion—equivalent to 5% of U.S. GDP. [Tweet this]
- It takes the average small business 21 days to get paid. [Tweet this]
- 81% of small business invoices are 30 days past due. [Tweet this]
How does your business compare?