Slow accounts receivable are a real danger to a small business because they often lead to cash crises.

Question

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Slow accounts receivable mean that customers take a longer time to pay for products or services, which can cause a delay in the cash flow of a business. This delay can lead to a cash crisis, making it difficult for the small business to cover its expenses, pay its employees, and maintain its operations.

Slow Accounts Receivable Are a Real Danger to a Small