START COLLECTING TODAY FOR A FREE ASSESSMENT, CALL US 416-784-3770Ext - 224
To Prevent Debt Collection Issues: Start Doing These Things
Give your client a quote in writing so there wont be any misunderstandings.
Write up an agreement to at least cover important areas like: The scope of the job to be performed or the service to be offered. What, if any, is the timeline for the work or is there a deadline ? What happens if there are extras asked for beyond the original request? When and how will the client / customer pay you? What if there is a cancellation? How will that unfold?
Keep an eye your accounts receivable and send reminders or statement of account out to them at 60 and 75 days when the account’s past due. Let them know that at 90 days delinquent accounts are sent to a 3 rd party if payment has not been made.