How to Get Customers to Pay on Time

Posted by justin_amendola under Management
From http://www.pbsmartessentials.com 4370 days ago

One of the biggest reasons that small businesses fail is their inability to promptly collect on outstanding invoices. Without that cash coming through the business, you're exposed to all kinds of financial and operational problems. Here are some tips on getting customers to pay you on time.

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Written by Sian Phillips
4370 days ago

Handy tips. I'd also suggest putting your bank details on your invoice so the client doesn't have to use that an excuse for delaying payment. Also agree payment terms before the job is done or invoice created and ensure the payment terms are on the invoice. Email the invoice and put a hard copy in the post plus send a statement either a fortnight or 30 days later. If you snooze on it then so will they. Thanks for sharing on Bizsugar.com

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