- Executive summary
- Impact of late payments
- Rise of service-based businesses
- State-level trends
- Payment best practices
Microbusinesses—with fewer than 10 employees—make up 92% of all businesses in the US, and contribute to an average of 38% of their owners’ household incomes.
Throughout Wave’s 10+ years of serving microbusiness owners, there’s one challenge almost every one of them faces: getting paid.