Brain food: Ten ways to ensure payment

by
Last Updated: 31 Aug 2010

Always agree payment terms upfront

Send invoices promptly

Make sure you invoice the right person

Understand your client's payment systems

Know the names of its accounts people

Always be polite with accounts people

Call them the week after your invoice is due

Use online payment wherever possible

Consider factoring your invoices

Ask late payers to pay in advance

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