Allow me to show you, just how quickly can you get yourself into the cash flow problem:
Say you found the first loads, did your part and now you are waiting to collect the money for it. During that time some costs, like repairs, showed up and now you need to cover them.
Naturally you expected that, but you were planning to pay for it with the cash from the deliveries. Doesn’t look like thing to be worry about – you’ll just wait for a few more days to get your money, and then you will have your vehicle repaired.
But (why it always has to be but?), you receive a call from a customer, who is willing to pay crazy money for a quick one-shot delivery. Unfortunately, you can’t do it, for your vehicle isn’t ready because you failed to collect the money from the previous job.
One good deal is about to slip through your hand.
What went wrong?
When you are dealing with the slow-paying customers and brokers, and let’s be honest most of them are like that, you can easily get into cash-flow problems. Just like in the scenario above.
