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:
- Offer a Discount
- Offer Several Payment Options
- Charge Late Fees
- Hire Someone to Collect
- Stop Services
Source: http://www.bmfms.com - http://www.wahm.com
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