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Thursday 24 October 2013

getting paid

often you won't get paid until after you do the work or deliver your goods. but that doesn't mean that you should put off thinking about payment until then. in fact you must lay the groundwork at the time you and your customer make your deal.

planning to get paid

the best way to make sure that you get paid is to avoid situations in which you risk not getting paid. here's how to avoid these problems.

.turn customers away if you can't do the job or you know they'll have trouble paying
.make sure your agreements are fair to your customers
.get paid up front if you can
.don't be sneaky when you bill customers
.don't extend credit automatically
.protect yourself if you do extend credit
.do what you promised to do

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