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> What should I do? Afraid that Slow Pay clients go with the territory. I've found that the bigger the client, the more likely to abuse (unintentionally of co
by JSeymourATL 12y ago
> What should I do?
Afraid that Slow Pay clients go with the territory. I've found that the bigger the client, the more likely to abuse (unintentionally of course) a small vendor partner. Typically blamed on bureaucracy, internal approvals, processing, new system, etc...
1) Keep Cool, play it like Fonzi. *Preserve the client relationship. Be friendly, but firm. "Hey, help me out on this."
2) Offer multiple payment options. Here are some ideas> http://smallbiztrends.com/2014/06/digital-payment-options-small-business.html http://smallbiztrends.com/2014/06/digital-payment-options-sm...
3) Future Clients: Offer upfront payment and/or retainer discounts. You'll want to mark-up to keep your margins intact. But clients like discount deals. Bonus, you'll have their money in the bank.