When clients pay late, it can have a nasty rippling effect on other areas of business. You may not be able to pay yourself, your bills, or your contractors. Cash flow problems can destroy a business. That’s why it’s so important to do whatever you can to encourage prompt payments. Your role is getting your invoices out quickly, and making it as easy as possible for clients to pay you. The ball is in their court once the invoice is in their hands. Here are a few incentives to get your clients to pay on time or even early.
