Many late payments stem directly from improper or ambiguous invoicing. If you feel you may be in this situation you need to get an invoicing system in place. Here is a collection of invoicing tips to help you speed up the process of getting paid.
As mentioned earlier we have provided copious amounts of information regarding late payments which can be found in the links below.
- How to handle late payments?
- Are late payments eating into small business profitability? Yes, says latest data from FSB
- How to deal with the pain of late payments: Tips for small businesses
We understand that as a small business you already experience your fair share of obstacles and constraints. Getting paid for services and goods that you have provided should not be one of them. If even one piece of information benefits you and your business then our time will have been well spent. Please contact us if you require any further information.