Factoring a Net 30 Invoice

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A net 30 invoice is when you deliver your gooder service to your customer, and you give them an invoice that says you an pay in 30 days. As someone who did not go to business school, it was all blindsighding. I learned more about financing a start up than i could ever have imagined. That if you understand the code, if you know how financing works, if you understand how to put together a piece of paper that says what think, but a financing statement is a work of magic and alchemy. And so i became more familiar with these things, but always with a sceptical eye to how in the world would someone who does not have the partner that i

Thinking about starting a small business? Or looking to expand a business you’ve already launched? Entrepreneurs Stacey Abrams and Lara Hodgson were blindsided by the cash-flow problems and other systemic issues they ran into when trying to scale a new but popular product. They don’t want you to be.

Stacey and Lara share hard-won lessons from starting and running three companies together: first a consultancy, then a manufacturer, and finally a fintech. They reflect on what made their long-term partnership work well and how they manage self-doubt and guilt. They also share tips for networking, hiring and retaining employees, learning the ins and outs of finance, and developing an exit strategy.

Guest experts:

Stacey Abrams is an entrepreneur, politician, and author. She co-wrote Level Up: Rise Above the Hidden Forces Holding Your Business Back.

Lara Hodgson is the co-founder, president, and CEO of Now, as well as the co-author of Level Up: Rise Above the Hidden Forces Holding Your Business Back.

Resources: