Everyone has "that vendor". You know, the one that will, without fail, call you if your payment is even one day late. They may be the nicest person in the world, but you know without a doubt that they will call. Every. Single. Time. That's the vendor that will eventually work their way to the top of the payment list. You want to be that vendor.
You probably already know that “getting it in writing” is a good idea when you’re running a business—but you might not be aware of how closely it’s related to getting paid in a timely manner. Let’s look at the basics of creating a contract that will get you paid in full, and paid on time.
It happens. Despite despite delivering fantastic goods and services in a timely manner, sometimes there are customers that simply can't pay your bill. What do you do now? Let's talk about the strategies and options that are most likely to get you paid.
There's an art and a science to telling your customers exactly when to pay you. The more clear and specific you are about your due dates, the the more likely they are to be observed.
Dealing with a client who’s going through financial problems requires that you be proactive. So let’s talk about a few steps you can take to make sure that your client’s financial difficulties don’t become your financial difficulties.
What we think of as a customer is almost never a lone human. Customers are organizations, and your contact, the one you have a great relationship with, the one you deal with daily--well there's a good chance that's not the person actually paying your bill.
Today I’m going to teach you how to beg for your money. Well, not really. But it feels like that sometimes, right? So let's spend a few minutes talking about why it’s so hard to ask for money.