Money, Receivables Management
How to Word Your Past Due Letter
Late payments are a common occurrence for small businesses, but through consistent Receivables Management, you can whip all your customers into reliable, on-time payers. Besides being organized, how you word your past due letter is the most important step towards…
Money, Receivables Management
Five Celebrities With Unpaid Bills
We’re in the business of getting people to pay on time. People or businesses may fall behind on payments for many different reasons (these are the most common)- but ultimately it can happen to anyone at any time. Here are…
Money, Receivables Management
Red Flag Indicators of Late Paying (or Non-Paying) Customers
Dean Kaplan, The Kaplan Group Not getting paid is very painful. Once an invoice is past due, the chances of collecting decline more than 1% per week according to annual surveys by the Commercial Law League of America. By the…
FG Philosophy & News, Money
True Story: I Was a Delinquent Payer
All businesses should make sure they’re making it as easy as possible for customers or clients to pay their invoices. This blog is the perspective of a delinquent payer, to help you understand why delinquent customers don’t pay, and how to…