0:43

A business is owed $45,000 from slow payment cycles: invoices take a month to arrive, then sit for weeks before checks go out. The owner would rather eat 2-3% credit card fees to get paid faster and is shifting from door-to-door sales to online customer acquisition.

Questions this video answers

$45,000

"zwei, drei Prozent" (approximately 2–3%)

Invoice sent end of month → mailed 1st or 2nd → arrives 5th or 6th → sits until 7th–10th → customer returns from vacation and mails a check around the 20th.

Chapters

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