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The Ripple Effect of Late Payments: How Unsettled Invoices Impact Your Team and Business Trajectory

The Ripple Effect of Late Payments: How Unsettled Invoices Impact Your Team and Business Trajectory

First and foremost, late payments can be demoralizing for the hardworking individuals who form the backbone of your consultancy. When invoices go unpaid, the team may begin to question the stability of the business and the value of their contributions. When this happens, your fractional team may start to blame you, and can affect how responsive they are to your requests going forward. Thankfully, the team at Shepheard Marketing has stuck by me through thick and thin, and we have weathered more than our share of storms.