The State of Small Business Debt in 2024: Insights from Global Data
Burt and Associates
FEBRUARY 3, 2025
High Levels of Unpaid Invoices According to the Findex report , overdue invoices are a leading cause of business debt : 80% of small businesses experience late payments. Implementing a strong accounts receivable process, setting clear payment terms, and working with a commercial collection agency can ensure faster payment recovery.
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