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I freelance and bill my clients and get paid Net 30. The issue of late or non payment is not that easy to resolve just by slapping late fees etc. It really depe
by codegeek 14y ago
I freelance and bill my clients and get paid Net 30. The issue of late or non payment is not that easy to resolve just by slapping late fees etc. It really depends on many factors including your clients ability to pay on time (sometimes they depend on payment from someone else to pay them before they pay you), how big they are etc etc. My current client was late by about a week on my last payment and his reason was "my bank screwed up". I think either you go through a detailed contract listing every possible screw-up that could happen but most likely, late payments will happen here and there.