Tuesday, May 4, 2010

Get Payed


When you complete a projct for a client it's time for you to get you payment. Well sometimes that's not always as easy as it sounds. Personally my parents have trouble with getting payed in their business. Even in school now, people have trouble paying there tuiton. What can you do to... help your client along in peyments? Well it might be more difficult especially if you're a freelancer, people might take advantage of your companies size.


Here are a few ways to maybe avoid those situations.
1. Make payment plans available.
Small incruments are easier for people to pay than whole sums.
2. Early payment discount
Give your client a discount for payment an invoice right when it's recieved. It saves them money, and gets you your money.
3. Late payment penalty
If your client doesn't pay on time, charge interest... hey, banks do it.
4. Communication
Keep in contact with your client. Once the project is over one might forget that you even finished the project! But, the more you talked to them during the process the more likely they will remember they have to pay.
5. Reminders
Before the payment is due you can send a friendly reminder, friendly being the key word. Hey, they might have just forgotten.
6. Escalation
If none of the above works then it might be time to break up with your client. Stop working until you get payed.

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