NFIB: The Voice of Small Business - 411 Small Business Facts

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Questions - 11 to 20 of 29

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Question
3  b 

Do you charge a late fee, interest, or both a late fee and interest for late payment?

3  c 

How long before you normally try to collect an overdue bill before you turn it over to a collection agency? Is it:?

3  d 

Once you have invoiced a customer, on average, how many days is it before you get paid?

3  e 

Once you have invoiced a third-party payer, on average, how many days is it before you get paid?

4    
Top 100

Does your business customarily accept credit card payments?

4  a 

Do you accept credit cards on your premises, on-line, or both?

4 Ab 

(reason credit cards accepted) Customers expect to be able to pay that way.

4 Bb 

(reason credit cards accepted) Credit card payments improve cash flow.

4 Cb 

(reason credit cards accepted) Credit cards enlarge your market by making payment from a distance easier.

4 Db 

(reason credit cards accepted) Credit cards reduce the need to keep large amounts of cash on the premises.

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Volume 1, Issue 7, 2001
ISSN - 1534-8326

William J. Dennis, Jr.
NFIB Research Foundation



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