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Other ways to say in a timely manner1/12/2024 ![]() ![]() Now, on all my invoices I make my client aware that if payment is not received within 30 days a five per cent late fee incurs. There have been times where I have had to pay out of my own pocket! That is why I learned my lesson. Especially, as I now have contractors to pay and expenses. Starting out, I always thought I was providing a service and should be polite and patient to my clients. “Getting paid in a timely manner has been a huge learning curve for me. They will not want to put up with you repeatedly calling or visiting them, and if they are the type not to pay, you have no reason to attempt to maintain the relationship anyway.” - Merri Lemmex, Managing Partner, Operations, Lemmex Williams Training Inc. ![]() And lastly, the squeaky wheel gets the grease, so if you suspect a client is not going to pay, keep at them until they do. As soon as they are due, a reminder should be sent to show that you are not willing to let this debt slide. Another way is to stay on top of your receivables. A well respected business partner that a company wants to stay connected to is less likely to have their payment delayed than one a business is not intending to deal with again. “One of the best ways to ensure you get paid on a timely manner is providing good service. Manage Print Subscription / Tax ReceiptĪrticle content Communication with customers is the key to getting paid promptly, says Don OâDwyer, CEO of Raven Bay Photo by Dion Dicks / Direqtion.ca Our approach to getting paid in a timely manner is to have ongoing discussions/updates and create a relationship with our clients. ![]()
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