How to Get PaidBy Nina Kaufman, Esq.
We entrepreneurs have certainly faced kinder, gentler economic climates in our day. Cash–and cash flow–are king (or queen–choose the sovereign of your choice).
- Bill clients early.
- Make bill-paying simple.
- Request partial payments earlier in the project.
- Use online recurring invoices.
- Create a system for automatic late-payment reminders.
- Keep employee morale up.
Finally, a favorite tip of mine: Have a written agreement outlining your payment terms.