I Have A Hard Time Getting Clients To Pay On Time. If They Don’t Pay On Time, I Have A Hard Time Meeting Our Expenses. Any Suggestions On How To Get Paid Quicker?
You can offer a discount for COD (cash on delivery) or net 10 days; it could be 2% off for paying more quickly. Otherwise, the only way to get paid quicker is to call weekly and remind your customer that money is due and offer to take a charge card over the phone. (For more tips, check out these blogs: Tips for Collecting from Non-Paying Clients and How to Get Paid Faster With a Better Invoicing Process.
