Small businesses are often times called the backbone of this great nation. They provide more jobs, more revenue and more ‘American Dreams’ than their larger corporate counterparts. However, even with this statement it’s hard to really understand the vast importance that small businesses have on the economy and the numbers that support it.
Running a small business is no easy task. One that goes well beyond the standard 40-hour work week and constantly challenges those that give it a try. But what are some of the most difficult tasks a small business owner faces? Well, The Chamber of Commerce asked this exact question to small businesses across the country, and the results may surprise you (or maybe the won’t!). Take a look.
Collecting payments from customers is not a game, which is why it’s surprising that two-thirds of small businesses continue to go through the long-winded process of invoicing their customers manually.
Endless paperwork, adding numbers by hand, and waiting on processes that aren’t in your control like the postal service can be avoided by implementing a simple electronic invoicing system that can automatically handle these tedious tasks for you.
Kristi Siedow Thompson, PaySimple’s Graphic Designer, created this infographic below to illustrate how an electronic invoicing system can make managing your business simpler. How much time (and money) can you save your business by switching to electronic invoicing?
Recently we conducted a survey of our small business customers to find out:
- How they billed and collected payments from customers before they automated their receivables
- What was important to them in a payments solution
- What benefits an online receivables solution provided to their business
Recently we conducted a survey of our small business customers to find out: How they billed and collected payments from customers before they automated their receivables What was important to them in a payments solution What benefits an online receivables solution provided to their business PaySimpleMore Posts