How do you deal with a client who takes FOREVER to pay?

Answered by:

James Pellini, CPA

Pellini Gold Cordes, LLC
11 Questions answered
Answered on June 15th, 2018

Politely discuss payment terms before the sale. Establish the terms including late payment penalties up front ... and confirm in writing in a way consistent with your industry practices. 

Enforce it with respect  

Don’t sell when a customer / client is in default  

You will find those who respect you will pay or establish acceptable payment terms  

In the long run, those that don’t will break you   No sale is better than sales that don’t pay  




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