Crack Down on Late Payers — 7 Tips for Small Business Owners

By Carol Tice edited by Dan Bova Feb 14, 2011

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1. Track payments carefully. 2. Try a friendly call or email. 3. Choose the right person to follow up. 4. Offer a repayment plan. 5. Rebill and add a late charge. 6. Take preventive steps. Dun & Bradstreet 7. Consider guaranteed-payment methods. working through an intermediary agency Have you had problems with late payers?
crack-down-on-late-payers.jpg
1. Track payments carefully. 2. Try a friendly call or email. 3. Choose the right person to follow up. 4. Offer a repayment plan. 5. Rebill and add a late charge. 6. Take preventive steps. Dun & Bradstreet 7. Consider guaranteed-payment methods. working through an intermediary agency Have you had problems with late payers?

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Carol Tice

Owner of Make a Living Writing
Longtime Seattle business writer Carol Tice has written for Entrepreneur, Forbes, Delta Sky and many more. She writes the award-winning Make a Living Writing blog. Her new ebook for Oberlo is Crowdfunding for Entrepreneurs.

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