February 22, 2015
Cash (flow) is king, especially in a challenging economy. But there are ways you can ensure that you get paid in a timely manner. Jamie Herzlich’s article in Newsday gives some handy pointers, including: Staying on top of unpaid invoices Developing a system for handling them Putting payment plans in place ASAP (if full payment is not forthcoming) Another suggestion: Make sure you have your agreements with your clients and customers in writing. Whether it’s a full-blown contract or a purchase order, anything written that confirms the terms of your arrangement can help you. It sets the expectations up front and provides a basis for a lawsuit if you need to collect. Same goes for any payment plan arrangement–make sure you document those agreements. You deserve to be paid, protected, and prosperous. Kaufman Business Law can help get you there. Watch this short video to find out how. Watch our Video
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I know first-hand that running a knowledge-based service business has unique challenges. It’s so much easier when you have an advocate in your corner. Over the past 25 years, I’ve worked with thousands of New York business professionals who want a legal advisor to guide and support them as they navigate the business world.
With wide-ranging experience as a business attorney, strategist, and media authority, I bring the added power of a business lens to the legal issues my clients are facing.
And because I’ve been a business owner myself, I’ve lived through the soaring highs and devastating lows – like when my first law firm failed. So I understand what’s involved to serve great clients, detect business risks early and build a true legacy.
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