Handling An Overdue Invoice - How To Ask For Payment Professionally

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  • Опубліковано 9 лют 2025

КОМЕНТАРІ • 21

  • @DaveLorenzo
    @DaveLorenzo  5 років тому +2

    Do you have problems with unpaid invoices? Give me a call to discuss keeping your cash flow healthy and getting paid up front: 888.444.5150

  • @worldtraveler303
    @worldtraveler303 Рік тому

    I’m pacing back and forth. Mine are large amounts. Sadly I had break down and had to sit two weeks before of it. I have days past due with 7 invoices, 5,19,26,34,40,53,67. I’ve had to tel them several times. Mine is the due day of service. “Send all the invoices and we will pay them.” I did this too many times. If it’s a day or couple day because of the weekend. They aren’t the only ones but others at least respond and don’t book until they pay and sometimes apologize. I shouldn’t be venting on here but man I’ve been too nice and always professional. About to hit the send button.

  • @TourmalineFilms
    @TourmalineFilms 5 років тому +4

    30 days seems a lot but I like your advice. Would you suggest terminating the client relationship completely when it get's to a certain amount of days late too? Standards and boundaries are important and you don't want to work with those who don't respect your service.

    • @DaveLorenzo
      @DaveLorenzo  4 роки тому +1

      Yes, absolutely. If you've done everything you can to explain why you need to be paid up front, or net 10/20 days and they won't do it, you have to make a decision. The minute it gets past 30 days I'd consider stopping work.

  • @CaliforniaRussianRiverBees
    @CaliforniaRussianRiverBees 3 роки тому +1

    Great info 🤙🏼🛻🐝🐝🐝🐝🐝😷

  • @taylaa28
    @taylaa28 5 років тому +1

    Thank you so much for sharing this is very helpful 😁

  • @ladavidtaylor7540
    @ladavidtaylor7540 2 роки тому

    WHat if the company finance department is working from Germany and I am in Texas. how do I get paid?

    • @DaveLorenzo
      @DaveLorenzo  2 роки тому

      Did you watch the video?

    • @ladavidtaylor7540
      @ladavidtaylor7540 2 роки тому

      @@DaveLorenzo Yes I did. The Germany office never answer the phone. But I followed some other steps you suggested to get paid that worked. Working on getting upfront payments contract with discount. You are awesome My brother!!

  • @harshbansal6593
    @harshbansal6593 5 років тому +1

    What would you recommend when the client is the end customer and not some other business or company?

    • @DaveLorenzo
      @DaveLorenzo  5 років тому +2

      I recommend you get paid in advance. Always. Money spent collecting money owed is a huge waste.

  • @NallelyHdz
    @NallelyHdz 5 років тому +1

    Thank you.! Very useful!

    • @DaveLorenzo
      @DaveLorenzo  5 років тому

      +Zunyk Your welcome. Thanks for watching.

  • @ELEngineer
    @ELEngineer 4 роки тому

    Good

  • @michelleg7360
    @michelleg7360 4 роки тому

    After I escalate, how do I keep them as a customer?

    • @DaveLorenzo
      @DaveLorenzo  4 роки тому +5

      If you cannot get paid, you probably don't want them as a customer.

    • @Hellenodegi
      @Hellenodegi 4 роки тому +1

      Most customers still continue services, especially if the service benefits them. They know that they should pay.