Account Overdue? Here Are a Few Tips on Collecting Invoices
Getting paid on time is crucial to the cash flow of your business. Late payments are unfortunately a common issue in businesses of all sizes, and it can be complicated and time consuming to chase unpaid fees. You know that keeping on good terms with your clients is important, but also that unpaid bills need to be paid–after all, the service was provided and you have put a lot of time and effort into the finished result. You have done your part, so it can feel disrespectful when your customers have an account overdue. (more…)
- Published in Invoice Payments
How to Ask for an Overdue Invoice without Hurting Your Business Relationship
Chasing down debts owed makes for an interesting film plot, but it’s rarely entertaining in real life. Trying to collect on an overdue invoice is more likely to inspire stress and anxiety than kicked-in doors or epic explosion scenes. You’ll also want to ask for payment while leaving the door open for a continued working relationship. Finding that delicate balance between firm and respectful can be a challenge for even the most tactful negotiators. (more…)
- Published in Client Management, Invoice Payments