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7 Steps to Minimizing Your Slow-Paying Client List

7 Steps to Minimizing Your Slow-Paying Client List

By Nina Kaufman, Esq.

In today’s turbulent economy, a slow-paying client can generate more anxiety and frustration for your company than a no-paying client. At least with a no-pay, you know what you need to do (sue) and the steps you need to take. Not that you look forward to it, of course, but at least you know . . . and that certainty can bring some relief. A slow-paying client is like a fickle lover: first prepared to abide by his (or her) commitments to you; then dashing your hopes by standing you up for your romantic rendezvous. Did you do something to upset him? Does he want to see you again? Does he intend to leave you? When he needed you, he called every day; now that you need him for something, he can’t be reached. You want to believe the excuses he gives you . . . but should you? Because we don’t know (and he’s certainly not being communicative), we can be thrown into a state of panic from the uncertainty. Thankfully, clients differ from…

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Nina Kaufman

Flying solo doesn’t have to mean going it alone.

I’m Nina Kaufman.

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.

I can’t get those 12 years back. That’s why I have made it my mission to ensure that business professionals like you can become wise and discerning leaders, build a solid business, and live your best life.