Most SOHO and small business owners don’t have the financial resources to wait for their customers to pay them. The inability to collect money in a timely manner is a leading reason for small business failures. It’s easy to fall into the trap of believing that if you don’t offer relaxed payment options your customer will go elsewhere with their business. You may lose some business because of a strong financial policy but good customers aren’t frightened off by realistic repayment terms. Creat.