Bookeeping Tip #12 for Small Businesses

Avoid Customer Payment Issues

• Check a potential new clients payment record by calling several references.
• Payment performance should not be judged solely on a client's revenue.
• Do not base future payment ability on a credit rating.
• The greater a clients net worth and time in business, the more likely they will pay you.
• Clients that pay most accounts within 90 days will be likely to pay you in a timely manner.
• Tax liens and bankruptcies should be a red flag about you getting paid.

If you think your business would benefit from bookkeeping help or even advice from experts, call us at 520-544-0177 or email us at deb@clrvw.com or janine@clrvw.com.
Clear View Business Solutions