In this short video Alex Barthet, a construction attorney, shares 10 debt collection strategies that work.
Probably the most important tip is to make sure you have a written and signed agreement with your customer or before you get started doing any work.
Another practical tips involves sending out invoices. Let’s face facts… if you send out invoices to customers or clients sporadically (and possibly late as well) then you can expect to receive late payments.
For more practical tips watch the video…
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After all, when you get down to it you really have two choices:
- you can keep doing what you’re doing (and hope for a different result), or
- you can find a collection agency that can help you recover what’s rightfully yours.
Either way it’s your money… you decide.