Week 11 (Day 3): Dealing with Late Payments
Day 3: Understanding the Causes of Late Payments
Week 11 Day 3 Action Plan
Today, we explore the various reasons why clients may delay payments and how to understand and address these issues.
Take Action: Unveiling the Reasons Behind Late Payments
Examine common reasons clients might delay payments.
Reflect on whether your invoicing and payment terms contribute to late payments.
Helpful Tip:
Understanding the root causes helps tailor your approach to each situation.
Stay in Touch
What were the top three underlying issues you identified that resulted in dealing with late payments?
