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Posts Tagged ‘how to manage late payments’

The 5 Best Ways to Handle a Late-Paying Client

A small business’s cash flow is, not surprisingly, dependent on cash. That’s why late-paying clients can be an incredibly frustrating challenge for a small business owner. It not only ties up money you need to pay your own bills — trying to get clients to pay can become a real time drain. In fact, a study found that small business owners spend an average of 1.3 days a month chasing down money that’s owed to them.

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