Monday, July 9, 2012

Bookkeeping Tips: How to Limit Unpaid Invoices

If you own a business that requires you to bill clients for your services, you may be wondering how you can limit your unpaid invoices. Timely payments will help maintain a steady cash flow for your business. Following are a few different techniques can help limit unpaid invoices, or avoiding them altogether:
  1. Offer a Discount
  2. Offer Several Payment Options
  3. Charge Late Fees
  4. Hire Someone to Collect
  5. Stop Services
 Source: -     

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