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The week I had three clients all pay late at the same time

It was early November and my usual payment from a regular client was two days late. Then my second biggest client for the month missed their net-30 date. By Friday, a third invoice was overdue. I had about $4,200 tied up and rent was due. I had to send three separate follow-up emails, which felt awful. Has anyone else had a domino effect like this and how do you handle the cash flow dip?
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troy449
troy4491d ago
Man, that's rough. Three at once is brutal. When you sent those follow up emails, did you change your approach for each client? Like, was the tone different for the regular who was two days late versus the one who blew past net-30? I'm always torn between being firm and not burning a bridge.
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the_lisa
the_lisa1d ago
Consider charging a late fee, it really changes client behavior fast.
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