Late payments
Late payments
Out of context: Reply #12
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- horton0
i include the 1% late fee clause on invoices but have never actually used it, even on very late payments.
what are your payment terms for hourly clients? maybe consider bumping it to 15 days if you're currently at 30. you're not a bank, not unreasonable for an hourly regular client.
i recently did the same, not that i actually expect to get payed in 15... but a reminder email after 2 weeks makes a check after 30 doable.