The idiot that owns our company has us factoring 100% of our bills.
What does that mean?
Been doing it for over 15 years, I'd love to have the money he has wasted to
Get his money NOW.
Sad thing is, once you get your last outstanding bill, it is expense for nothing. If we had never started, we would be getting paid for past work
Every week or month. Now, we get this weeks money. Minus 10-20%.
It has become a trap. Stop factoring, no money for 30, 60, 90 days.
