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How To Deal With Late Payers

Business : Invoicing And Managing Finances

The first thing to note with late payers is that you need to be strict and not do any more work for those customers until they have settled their existing overdue amounts. The more you do for them without them paying the more they may think they can get away with it and a vicious circle can be the result of this.

You will need to decide when you have exhausted standard chasing options whether you need to get the solicitor involved or not to chase up moneys owed - remember at this stage things are probably quite serious and you are reconciled to not working with that client again!

Finally be sure to checkout the website www.payontime.co.uk for information on payment legislation.


By: Job Expert

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