Payment terms are the conditions of a sale. They’re usually associated with invoice payments, and specify how and when clients provide payment for goods or services. Terms include when payment is expected, accepted payment methods and any discounts for early payment and/or late fees. They help confirm expectations for clients and business owners alike, ensuring…
The article Payment Terms: How to Use Them for Small Business originally appeared on NerdWallet.
https://www.nerdwallet.com/article/small-business/payment-terms-business-invoice
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