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Question about late fees on overdue bills
A client took six months to pay. I kept sending invoices. No money came. Then I put a late fee on the bill. Only 5% after one month. They paid right away. Now I do this with all slow payers. My wait time is way down.
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tara_dixon6mo ago
Wow, funny how money talks when you finally charge it for being late.
3
max7165mo ago
Wait, you weren't charging a late fee before?
6
adam1866mo ago
Try putting the late fee right in your first contract. Makes it super clear upfront and cuts down on the back and forth later.
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sarah_davis6mo ago
That "super clear upfront" idea is spot on! I added a late fee clause from the start and it totally changed the game for me.
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