I have a relative who runs a small business. He says that 95% of his clients pay on-time or at least something close to on-time. There's 5% who don't. As a youn

I have a relative who runs a small business. He says that 95% of his clients pay on-time or at least something close to on-time. There's 5% who don't. As a younger man, he said he took a few of these customers to court for claims in the 10-20k range. He wanted the money but it was also the principle of it. After a few such cases, he realized that he was spending time and money in order to recover relatively small amounts. Most importantly, this was taking away from his time running the business. He found it was way more profitable to just let these cases go and focus on what he's good at. Now, if you are chasing people down pretty regularly, maybe you have a department dedicated to handling these cases and it makes sense. But if it's a once in a while occurrence, a few thousand dollars probably isn't worth the time and effort for an otherwise successful business owner.