Non-payment: It’s one of the most common challenges that small business owners face. The circumstances of each non-paying client are unique, and it can be hard to decide how to best handle the situation. However, there are some tried and true tactics that will absolutely help in your quest to recoup
Upload Date: Oct 20, 2020
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Non-payment: It’s one of the most common challenges that small business owners face. The circumstances of each non-paying client are unique, and it can be hard to decide how to best handle the situation. However, there are some tried and true tactics that will absolutely help in your quest to recoup your earnings. Stick around for my best advice on what to do when a client doesn’t pay. In this episode we’ll cover: Why a rock solid contract is key in keeping you protected from non-payment The necessity of clear communication with non-paying clients and companiesWhen to send a cease and desist letter Small Claims court and when to consider it as an option One key thing that you DON’T want to when seeking payment from a delinquent client What has helped you in dealing with non-paying clients? Take a screenshot of this episode, add it to your Instagram Stories, tag @andreasagerlaw and let me know! Plus, follow our brand new IG, @legalpreneur! This episode is sponsored by The Contract Vault: With 90 contracts and counting, The Contract Vault is your all-access pass to industry-specific template contracts. Our contract templates are constantly being updated to reflect new changes in the law, ensuring that you and your business are fully protected. Plus, members of The Contract Vault have access to our Members-Only Facebook Group, where each month I teach deep dives on important topics that you need to know to protect your business. Think of it as your Business Legal School. Check out The Contract Vault here! Sign up for Legalpreneur Text AlertsText ‘PODCAST’ to 832.225.3164 to enroll in our Legalpreneur text alerts! You’ll receive alerts about new episodes, exclusive giveaways, and more. It also will allow you to chat 1-on-1 with me! Links: Instagram Website FacebookTwitter Disclaimer: The Legalpreneur Podcast is advertising/marketing material. It is not legal advice. Please consult with your attorney on these topics. Copyright Andrea Sager Law 2020