What to Do When You\'re Not Getting Payment from a Client | Small business news; tips; networking | BizSugar

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What to Do When You're Not Getting Payment from a Client

Posted by ivanpw under Finance
From http://www.bizpenguin.com 2487 days ago
Made Hot by: leonesimmy on January 27, 2018 9:33 pm

Having a client not paying for your service can be very frustrating, however you need to be sure you take the correct procedures in order to deal with this client, and ensure this does not happen again.

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Comments

Written by lyceum
2479 days ago

Ivan: Good call! ;)

- 1 +

Written by lyceum
2480 days ago

Ivan: Thanks for your input! Which one do you think is the best option?

- 1 +

Written by ivanpw
2479 days ago

Martin,

In the context of the article, what I do is reminding clients regularly, and if I get no response, I just stop the service :)

- 0 +

Written by lyceum
2485 days ago

Ivan: How about factoring?

- 1 +

Written by ivanpw
2480 days ago

Martin,

Factoring is a good solution, but not the best, IMO. The fee is one of the main considerations.

- 0 +

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