One unfortunate side-effect of being self-employed is having to manage your own company finances. Nobody gets into freelancing to be an accountant (except, perhaps, freelance accountants), and chasing payments can be a colossal drain on time and morale. We’ve already published a straight-forward guide to getting paid on time, but what happens if your clients refuse to pay?
Credit Control experts CreditSafe have provided us with a handy guide to credit control, including sample letters your can send to clients if they owe you money, how to check out a company’s credit prior to getting in bed with them, and what to do if it all hits the fan.
We’ve all encountered bad clients who don’t want to, or can’t pay. If you’ve been left in a lurch financially, make sure it doesn’t happen again.
Download the Credit Control Guide (PDF)
If you want to hear more about this sort of thing, give our Credit Control podcasts a listen -
Photo by Dave Morris – CC
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